A person earns salary of $735/month plus 5 .5% commission on net sales above quota of $5,800.Had a total sales?
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A person earns salary of $735/month plus 5 .5% commission on net sales above quota of $5,800.Had a total sales =$12,300 and Returns=$450.Compute (a) Net sales (b) Commission (c) Gross ...show more
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Answer:
net sales = gross sales- returns or 12300-450=11850 commission is 5.5% of net sales above quota or 11850-5800=6050*5.5%=332.75 gross wages is salary + commission 735+332.75=1067.75
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