two calculation tasks that a program could perform that could be used by a small business. Each task must include the following: Example calculations include the following: approval from your instructor for your items by sending a Private Message. a separate 1/2-page Word document for each of the two tasks. Each document should contain: a separate Visual Logic file to execute each of the two tasks. all the files in a single folder structure you zip into a single file to submit. the zip file containing all files using the Assignment Files tab. one (1) calculation task that a program could perform that could be used by a small business. The task must include the following: Example calculations include the following: a Visual Logic file on one (1) task with statements that perform the selected calculation and one (1) Excel Macro that accomplishes the same task with VBA statements. all the files in a single folder structure you zip into a single file to submit. zip file containing all files using the Assignment Files tab.

Title: Calculation Tasks for Small Businesses: A Visual Logic Approach

Introduction:
In today’s fast-paced business world, small businesses often rely on computational programs to perform various tasks that aid in their day-to-day operations. This assignment explores the application of Visual Logic, Excel Macros, and VBA statements to create efficient and effective calculation tasks for small businesses. The tasks will be designed to meet the specific requirements of small business operations and provide convenience and accuracy in their calculations.

Task 1: Sales Commission Calculation
Small businesses frequently require the calculation of sales commissions for their employees. Automating this process can save time and reduce errors. The task will involve developing a program that calculates sales commissions based on predetermined formulas and inputs such as sales figures and commission rates.

Example Calculations:
1. Determine the commission earned by an employee for a given month, given the following inputs:
– Total sales made by the employee: $60,000
– Commission rate: 5%

Calculation:
Commission = Total Sales * Commission Rate
= $60,000 * 0.05
= $3,000

2. Calculate the total commission payout for all employees for a given month, considering the following three employees:
Employee 1:
– Total sales: $40,000
– Commission rate: 4%

Employee 2:
– Total sales: $30,000
– Commission rate: 3.5%

Employee 3:
– Total sales: $50,000
– Commission rate: 6%

Calculation:
Total Commission Payout = (Employee 1 Commission + Employee 2 Commission + Employee 3 Commission)
= ($40,000 * 0.04 + $30,000 * 0.035 + $50,000 * 0.06)
= $1,600 + $1,050 + $3,000
= $5,650

Task 2: Inventory Cost Calculation
Maintaining accurate inventory records is crucial for small businesses to track costs and make informed decisions. Developing a program that calculates the total cost of inventory items based on their quantity and unit costs will improve efficiency and accuracy in inventory management.

Example Calculations:
1. Calculate the total cost of a specific item in inventory, given the following inputs:
– Quantity of the item: 100
– Unit cost of the item: $25

Calculation:
Total Cost = Quantity of Item * Unit Cost
= 100 * $25
= $2,500

2. Determine the total value of all items in inventory, considering the following three items:
Item 1:
– Quantity: 50
– Unit Cost: $10

Item 2:
– Quantity: 100
– Unit Cost: $15

Item 3:
– Quantity: 75
– Unit Cost: $20

Calculation:
Total Inventory Value = (Item 1 Cost + Item 2 Cost + Item 3 Cost)
= (50 * $10 + 100 * $15 + 75 * $20)
= $500 + $1,500 + $1,500
= $3,500

Conclusion:
Automation through computational programs plays a vital role in small businesses, enhancing productivity, accuracy, and efficiency. This academic assignment proposed two calculation tasks – sales commission calculation and inventory cost calculation – to address the needs of small businesses. Each task illustrated example calculations to provide a clear understanding of their applications. By utilizing Visual Logic, Excel Macros, and VBA statements, businesses can streamline their operations, save time, and reduce errors, contributing to overall success and growth.

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