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Payroll Data Analysis: Metropolitan Zoo Gift Shop Department, Exercises of MS Microsoft Excel skills

Payroll data for employees of the metropolitan zoo gift shop department. It includes columns for name, regular pay, gross pay, taxable pay, fica, net pay, and hours worked. The data can be used to calculate overtime pay, federal withholding tax, and fica. Assumptions about tax rates, hours worked, and deductions are also provided.

What you will learn

  • What is the total gross pay for all employees in the Metropolitan Zoo Gift Shop Department?
  • How much federal withholding tax is deducted from the pay of an employee with a gross pay of $646.25 and 1 dependent?
  • What is the net pay for an employee who works 50 hours in a week and has 2 dependents?

Typology: Exercises

2018/2019

Uploaded on 10/15/2019

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KAJAL Payroll Data pze4yo-narban_exploring_e02_grader_h2.xlsx
Metropolitan Zoo
Gift Shop Department
Name Regular Pay Gross Pay Taxable Pay FICA Net Pay
Abram 2 $ 9.95 48 $ 398.00 $ 119.40 $ 517.40 $ 417.40 $ 104.35 $ 39.58 $ 373.47
Acosta 1 $ 9.55 48 382.00 114.60 496.60 446.60 111.65 37.99 346.96
Bordeaux 3 $ 11.75 50 470.00 176.25 646.25 496.25 138.95 49.44 457.86
Higinbotham 1 $ 11.75 35 411.25 - 411.25 361.25 90.31 31.46 289.48
Ianziti 1 $ 10.00 40 400.00 - 400.00 350.00 87.50 30.60 281.90
Jaussi 1 $ 9.55 44 382.00 57.30 439.30 389.30 97.33 33.61 308.37
Ling 3 $ 15.75 40 630.00 - 630.00 480.00 134.40 48.20 447.41
Munoz 2 $ 12.25 20 245.00 - 245.00 145.00 21.75 18.74 204.51
Riley 3 $ 13.35 38 507.30 - 507.30 357.30 89.33 38.81 379.17
Sabey 2 $ 10.00 45 400.00 75.00 475.00 375.00 93.75 36.34 344.91
Trujillo 1 $ 9.95 15 149.25 - 149.25 99.25 14.89 11.42 122.94
Weston 2 $ 11.75 41 470.00 17.63 487.63 387.63 96.91 37.30 353.42
Totals $ 4,844.80 $ 560.18 $ 5,404.98 $ 4,304.98 $ 1,081.11 $ 413.48 $ 3,910.39
Assumptions Tax Rate # of Hours Gross Pay Net Pay
Base Work Hours 40 $0 15% Average 38.7 $ 450.41 $ 325.87
Overtime rate 1.5 $250 22% Highest 50.0 $ 646.25 $ 457.86
FICA rate 7.65% $300 25% Lowest 15.0 $ 149.25 $ 122.94
Deduct per Depend $ 50.00 $450 28%
$525 31%
Notes
1. The base workweek is 40 hours. Regular pay is based on hourly wage and hours worked up to 40.
2. Overtime pay is based on overtime hours, the hourly wage, and the overtime rate.
3. The gross pay is the total of the regular pay and overtime pay.
5. Federal withholding tax is calculated on the taxable pay based on the tax table.
6. FICA is calculated on the employee's gross pay.
7. The net pay is based on the gross pay, federal withholding tax, and FICA.
No. of
Dependents
Hourly
Wage
Hours
Worked
Overtime
Pay
Federal
Withholding Tax
Taxable
Pay
Summary
Statistics
4. The taxable pay is the difference between the gross pay
and the product of the number of dependents and ded uction per dependent.

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KAJAL Payroll Data pze4yo-narban_exploring_e02_grader_h2.xlsx

Metropolitan Zoo

Gift Shop Department Name Regular Pay Gross Pay Taxable Pay FICA Net Pay Abram 2 $ 9.95 48 $ 398.00 $ 119.40 $ 517.40 $ 417.40 $ 104.35 $ 39.58 $ 373. Acosta 1 $ 9.55 48 382.00 114.60 496.60 446.60 111.65 37.99 346. Bordeaux 3 $ 11.75 50 470.00 176.25 646.25 496.25 138.95 49.44 457. Higinbotham 1 $ 11.75 35 411.25 - 411.25 361.25 90.31 31.46 289. Ianziti 1 $ 10.00 40 400.00 - 400.00 350.00 87.50 30.60 281. Jaussi 1 $ 9.55 44 382.00 57.30 439.30 389.30 97.33 33.61 308. Ling 3 $ 15.75 40 630.00 - 630.00 480.00 134.40 48.20 447. Munoz 2 $ 12.25 20 245.00 - 245.00 145.00 21.75 18.74 204. Riley 3 $ 13.35 38 507.30 - 507.30 357.30 89.33 38.81 379. Sabey 2 $ 10.00 45 400.00 75.00 475.00 375.00 93.75 36.34 344. Trujillo 1 $ 9.95 15 149.25 - 149.25 99.25 14.89 11.42 122. Weston 2 $ 11.75 41 470.00 17.63 487.63 387.63 96.91 37.30 353. Totals $ 4,844.80 $ 560.18 $ 5,404.98 $ 4,304.98 $ 1,081.11 $ 413.48 $ 3,910. Assumptions Tax Rate # of Hours Gross Pay Net Pay Base Work Hours 40 $0 15% Average 38.7 $ 450.41 $ 325. Overtime rate 1.5 $250 22% Highest 50.0 $ 646.25 $ 457. FICA rate 7.65% $300 25% Lowest 15.0 $ 149.25 $ 122. Deduct per Depend $ 50.00 $450 28% $525 31% Notes

  1. The base workweek is 40 hours. Regular pay is based on hourly wage and hours worked up to 40.
  2. Overtime pay is based on overtime hours, the hourly wage, and the overtime rate.
  3. The gross pay is the total of the regular pay and overtime pay.
  4. Federal withholding tax is calculated on the taxable pay based on the tax table.
  5. FICA is calculated on the employee's gross pay.
  6. The net pay is based on the gross pay, federal withholding tax, and FICA. No. of Dependents Hourly Wage Hours Worked Overtime Pay Federal Withholding Tax Taxable Pay Summary Statistics
  7. The taxable pay is the difference between the gross pay and the product of the number of dependents and deduction per dependent.