Accounting answers to accounting homework
REVIEW OF MATHEMATICAL SKILLS - ROUND OFF AFTER TWO DECIMAL
You are working in the Human Resource Department of ABACO Company.
You are asked to provide the following information to management:
What will be the new payroll to be applied to the following staff after their increases?
Complete the increases and new weekly payroll in the following table.
NAME Weekly current Payroll $ Increase % Amount of Increase $ New Weekly Payroll $
George 758.00 2.75%
Andrea 815.00 1.75%
John 962.00 0.75%
Cora 770.25 1.25%
Freddie 912.50 0.98%
Nora 1002.50 0.57%
Answer the following questions:
What was the total payroll for the week?
What is the new payroll for the week?
What is the total increase in payroll?
What is the percentage increase in payroll?
7. The following represents a companys sales payroll with commissions over a period
January February March April May
$ 150,000 $ 175,000 $ 200,000 $ 180,000 220,000
Calculate the percentage of increase or decrease in the payroll for the following:
Between January and April:
Between March and April:
Between February and May:
What is the average payroll from January to May?
