A.Establish the Total Sales and Average Sales at an appropriate area in the spreadsheet.B.In an appropriate area of the spreadsheet calculate the following as it relates to thesales volumes: Minimum, Maximum, Middle valuesC. There was an error in the calculated sales volumes, wherein all sales volumes should have increased by 5%. To the right of the sales volume heading, create a heading called Increased Sales Volumes where this 5% increase must be reflected below PLC is a public liability company involved in the manufacturing of household furniture which is then soldfourteen (14) parishes by fourteen (14) sales reps. At the end of each quarter sales managers prepare areport for the team of directors to access. The manager also prepares a comparison chart to reflect thesales volumes achieved.The manager has asked you to prepare the monthly report and has provided the following information:PLC Public Liability CompanyParishSt. AnnKingstonPortlandSt. JamesWestmorelandSt. CatherineID#SalespersonRobert WilsonSonia BrownSteve ScottBrian LewisDustin CarterMonique SimpsonAnna DownyZack LevyWinston HansonRenece HindsLola WilsonPeter WrightSusan WintRichard GordonClarendonSt. MarySt. ElizabethManchesterTrelawnyHanoverSt. ThomasSt. AndrewSales Vol. (S)$5,730,000.00$7,400,000.00$6,520,000.00$11,000,000.00$3,590,000.00$8,985,000.00$9,500,000.00$12,000,000.00$4,800,000.00$10,000,000.00$7,550,000.00$11,990,000.00$5, 800,000.00$6,500,000.00

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Answered: A.Establish the Total Sales and Average…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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A.Establish the Total Sales and Average Sales at an appropriate area in the spreadsheet. B.In an appropriate area of the spreadsheet calculate the following as it relates to the sales volumes: Minimum, Maximum, Middle values C. There was an error in the calculated sales volumes, wherein all sales volumes should have increased by 5%. To the right of the sales volume heading, create a heading called Increased Sales Volumes where this 5% increase must be reflected below

PLC is a public liability company involved in the manufacturing of household furniture which is then sold
fourteen (14) parishes by fourteen (14) sales reps. At the end of each quarter sales managers prepare a
report for the team of directors to access. The manager also prepares a comparison chart to reflect the
sales volumes achieved.
The manager has asked you to prepare the monthly report and has provided the following information:
PLC Public Liability Company
Parish
St. Ann
Kingston
Portland
St. James
Westmoreland
St. Catherine
ID#
Salesperson
Robert Wilson
Sonia Brown
Steve Scott
Brian Lewis
Dustin Carter
Monique Simpson
Anna Downy
Zack Levy
Winston Hanson
Renece Hinds
Lola Wilson
Peter Wright
Susan Wint
Richard Gordon
Clarendon
St. Mary
St. Elizabeth
Manchester
Trelawny
Hanover
St. Thomas
St. Andrew
Sales Vol. (S)
$5,730,000.00
$7,400,000.00
$6,520,000.00
$11,000,000.00
$3,590,000.00
$8,985,000.00
$9,500,000.00
$12,000,000.00
$4,800,000.00
$10,000,000.00
$7,550,000.00
$11,990,000.00
$5, 800,000.00
$6,500,000.00

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D.Insert a column called percentage contribution in an appropriate area of the spreadsheet, to display the total contribution to overall sales by each salesperson. The answer is to be formatted as percentage.

e.Company policy dictates that all sales volumes exceeding nine million ($8,000, 000.00)

but not exceeding ten million ($10, 000, 000.00) should receive an incentive of US

$700.00, otherwise they should receive US $200.00. In an appropriate area of the

spreadsheet create a heading called Special Incentive 1 and make the necessary

calculations using the necessary function

f.Company policy also dictates that all sales volumes exceeding ten million ($10,000,

000.00) but less than or equal to twelve million ($12, 000, 000.00) should receive a trip

to any Air Jamaica destination, otherwise they should not receive a trip. In an

appropriate area of the spreadsheet create a heading called Special Incentive 2 and

make the necessary calculations using the necessary function

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