Amir also needs to calculate the commissions paid each month. If the company earns $275,000 or more in a month, the commission is 26% of the sales. If the company earns less than $275,000 in a month, the commission is 17% of the sales. Calculate the commissions as follows: a. b. C. d. In cell B16, enter a formula that uses the IF function and tests whether the total sales for July (cell B9) is greater than or equal to 275000. If the condition is true, multiply the total sales for July (cell B9) by 0.26 to calculate a commission of 26%. If the condition is false, multiple the total sales for July (cell B9) by 0.17 to calculate a commission of 17%. Use the Fill Handle to fill the range C16:G16 with the formula in cell B16 to calculate the commissions for August through December.
Amir also needs to calculate the commissions paid each month. If the company earns $275,000 or more in a month, the commission is 26% of the sales. If the company earns less than $275,000 in a month, the commission is 17% of the sales. Calculate the commissions as follows: a. b. C. d. In cell B16, enter a formula that uses the IF function and tests whether the total sales for July (cell B9) is greater than or equal to 275000. If the condition is true, multiply the total sales for July (cell B9) by 0.26 to calculate a commission of 26%. If the condition is false, multiple the total sales for July (cell B9) by 0.17 to calculate a commission of 17%. Use the Fill Handle to fill the range C16:G16 with the formula in cell B16 to calculate the commissions for August through December.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
I need help with questions 9 given for Excel.
![Sodium
Q
X
File
5.
e
IF
3
4
AutoSave Off
Undo
SC EX19 3b JeffreyWang 2 ✓
Home Insert Draw Page Layout Formulas.
-
X
Paste
S
Edit
Service Category
5
Market research
$
6 Retail merchandising $
7
Product promotion $
8
Social marketing
$
9
Total
$
10
11 Percentage per Month
12
Share
13
14
15
16
Amount
Net Amount
17
18 Net Commission %
19
20
21
B I U
BIU
Service Category
Clipboard
5
S
SUBSCRIPTION CANCELLED On Sunday, December 18, 2022, most features of Excel will
✓ X✓ fx
=IF(89>-275000)
$
V
B
Accessibility: investigate
E
Font
12
July
=IF(89>=275000)
V
$
15%
January
Documentation Sales Report
43%
4
a
August
78,672.15 $
56,742.12 $
July
72,344.50 $
52,474.35 $
81,550.21 $ 88.967.74 $
48,073.52 $ 55,027.26 $
254,442.58 $ 279,409.27 $
Α' Α
A
$
с
August
Data Review View
do
February
96
5
==
ME
17%
RT
$
D
d
September
79,884.67 $
49,330.69 $
88.814.48 $
55,781.80 $
273,811.64 $
September
March
6
Help
Alignment
be disabled.
16%
2 Wrap Text
O Search (Alt+Q)
Merge & Center
Monthly Sales
$
&
E
Reactivate
Commissions Paid
October
Estimated Sales
7
17%
April
November
October
75,380.26 $ 81.610.14 $
58,080.67 $
52,785.58 $
91.815.96 $
87,934.09 $
62,852.10 $ 60,019.22 $
278,952.03 $ 291,525.99 $
144
154
al
$
Accounting
8
$%95898
F
Number
May
November
DH
17%
hp
9
$
G
IN
Conditional Format as Cell
Styles
Formatting Table
Styles
December
83,352.68
62,109.76
93,009.43
65,272.37
303,744.24
18%
December
June
-
ht
O
H
Trend
Trend
Total
SZÉ
Insert Delete Format
$
$
Total
471,244.40
331,523,17
$ 532,091,91
347,026.27
$
$ 1,681,885.75
Total
$
$
Cells
Avg. Clients
port sc
Jeffrey Wang
Help
E-47
WE
Projections
V
JW
delete
Sort & Find &
Filter Select
Editing
backspace
K
#
+
1828
L
Comments
(D)
IN
Analyze
Data
Analysis
num
lock
D
0
Templates
M
officeatwork
S
M
12:38
10/5/2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb7b9bc12-9bec-475d-bc99-e13d2a9b76e2%2F2c044694-8865-4ddb-b4e6-c8d8e25d5bcb%2Fy9qoo1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sodium
Q
X
File
5.
e
IF
3
4
AutoSave Off
Undo
SC EX19 3b JeffreyWang 2 ✓
Home Insert Draw Page Layout Formulas.
-
X
Paste
S
Edit
Service Category
5
Market research
$
6 Retail merchandising $
7
Product promotion $
8
Social marketing
$
9
Total
$
10
11 Percentage per Month
12
Share
13
14
15
16
Amount
Net Amount
17
18 Net Commission %
19
20
21
B I U
BIU
Service Category
Clipboard
5
S
SUBSCRIPTION CANCELLED On Sunday, December 18, 2022, most features of Excel will
✓ X✓ fx
=IF(89>-275000)
$
V
B
Accessibility: investigate
E
Font
12
July
=IF(89>=275000)
V
$
15%
January
Documentation Sales Report
43%
4
a
August
78,672.15 $
56,742.12 $
July
72,344.50 $
52,474.35 $
81,550.21 $ 88.967.74 $
48,073.52 $ 55,027.26 $
254,442.58 $ 279,409.27 $
Α' Α
A
$
с
August
Data Review View
do
February
96
5
==
ME
17%
RT
$
D
d
September
79,884.67 $
49,330.69 $
88.814.48 $
55,781.80 $
273,811.64 $
September
March
6
Help
Alignment
be disabled.
16%
2 Wrap Text
O Search (Alt+Q)
Merge & Center
Monthly Sales
$
&
E
Reactivate
Commissions Paid
October
Estimated Sales
7
17%
April
November
October
75,380.26 $ 81.610.14 $
58,080.67 $
52,785.58 $
91.815.96 $
87,934.09 $
62,852.10 $ 60,019.22 $
278,952.03 $ 291,525.99 $
144
154
al
$
Accounting
8
$%95898
F
Number
May
November
DH
17%
hp
9
$
G
IN
Conditional Format as Cell
Styles
Formatting Table
Styles
December
83,352.68
62,109.76
93,009.43
65,272.37
303,744.24
18%
December
June
-
ht
O
H
Trend
Trend
Total
SZÉ
Insert Delete Format
$
$
Total
471,244.40
331,523,17
$ 532,091,91
347,026.27
$
$ 1,681,885.75
Total
$
$
Cells
Avg. Clients
port sc
Jeffrey Wang
Help
E-47
WE
Projections
V
JW
delete
Sort & Find &
Filter Select
Editing
backspace
K
#
+
1828
L
Comments
(D)
IN
Analyze
Data
Analysis
num
lock
D
0
Templates
M
officeatwork
S
M
12:38
10/5/2
![8.
9.
Amir wants to determine how the sales of each month contributed to the total sales.
Calculate this information for him as follows:
In cell B12, insert a formula without using a function that divides the total sales for
July (cell B9) by the total sales (cell 19).
Use an absolute reference to cell 19 in the formula.
Use the Fill Handle to fill the range C12:G12 with the formula in cell B12.
Amir also needs to calculate the commissions paid each month. If the company earns
$275,000 or more in a month, the commission is 26% of the sales. If the company
earns less than $275,000 in a month, the commission is 17% of the sales. Calculate the
commissions as follows:
a.
b.
12.
C.
a.
b.
C.
d.
a.
b.
10. Change the sparklines in the range H16:H17 as follows to use a format similar to the
Monthly Sales sparklines:
In cell B16, enter a formula that uses the IF function and tests whether the total
sales for July (cell B9) is greater than or equal to 275000.
a.
If the condition is true, multiply the total sales for July (cell B9) by 0.26 to
calculate a commission of 26%.
b.
If the condition is false, multiple the total sales for July (cell B9) by 0.17 to
calculate a commission of 17%.
11. Amir would like to increase the average number of clients served per month. Because
retail merchandising has the lowest sales, Amir wants to know how many retail
merchandising clients he needs to reach the goal of 35 clients served per month.
Use the Fill Handle to fill the range C16:G16 with the formula in cell B16 to
calculate the commissions for August through December.
C.
Use Goal Seek to set the average number of clients for all services (cell 126) to the
value of 35 by changing the average number of retail merchandising clients (cell 123).
Format the text in cell 021 to clarify what it refers to as follows:
Merge and center the range 021:026.
Rotate the text down in the merged cell.
Change the Column sparklines to Line sparklines.
Apply the sparkline style Dark Red, Sparkline Style Accent 1, Darker 50%
(1st row, 1st column of the Sparkline Color theme palette) to make the sparklines
easier to see.
Change the width of column 3 to 7.00.
13. Delete row 32 to keep the Estimated Commissions information together.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb7b9bc12-9bec-475d-bc99-e13d2a9b76e2%2F2c044694-8865-4ddb-b4e6-c8d8e25d5bcb%2Fcp0o82_processed.jpeg&w=3840&q=75)
Transcribed Image Text:8.
9.
Amir wants to determine how the sales of each month contributed to the total sales.
Calculate this information for him as follows:
In cell B12, insert a formula without using a function that divides the total sales for
July (cell B9) by the total sales (cell 19).
Use an absolute reference to cell 19 in the formula.
Use the Fill Handle to fill the range C12:G12 with the formula in cell B12.
Amir also needs to calculate the commissions paid each month. If the company earns
$275,000 or more in a month, the commission is 26% of the sales. If the company
earns less than $275,000 in a month, the commission is 17% of the sales. Calculate the
commissions as follows:
a.
b.
12.
C.
a.
b.
C.
d.
a.
b.
10. Change the sparklines in the range H16:H17 as follows to use a format similar to the
Monthly Sales sparklines:
In cell B16, enter a formula that uses the IF function and tests whether the total
sales for July (cell B9) is greater than or equal to 275000.
a.
If the condition is true, multiply the total sales for July (cell B9) by 0.26 to
calculate a commission of 26%.
b.
If the condition is false, multiple the total sales for July (cell B9) by 0.17 to
calculate a commission of 17%.
11. Amir would like to increase the average number of clients served per month. Because
retail merchandising has the lowest sales, Amir wants to know how many retail
merchandising clients he needs to reach the goal of 35 clients served per month.
Use the Fill Handle to fill the range C16:G16 with the formula in cell B16 to
calculate the commissions for August through December.
C.
Use Goal Seek to set the average number of clients for all services (cell 126) to the
value of 35 by changing the average number of retail merchandising clients (cell 123).
Format the text in cell 021 to clarify what it refers to as follows:
Merge and center the range 021:026.
Rotate the text down in the merged cell.
Change the Column sparklines to Line sparklines.
Apply the sparkline style Dark Red, Sparkline Style Accent 1, Darker 50%
(1st row, 1st column of the Sparkline Color theme palette) to make the sparklines
easier to see.
Change the width of column 3 to 7.00.
13. Delete row 32 to keep the Estimated Commissions information together.
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