Banner House Inc. gives all its sales people a base salary of $47,500 per annum and a
Question:
Banner House Inc. gives all its sales people a base salary of $47,500 per annum and a commission of 10% on all banners that they sell over $6,000. Calculate Samantha's salary last month if she sold $9,000 worth of banners. Marissa's gross monthly salary is $9,372 on net sales totalling $116,490. If her base salary is $1,550 per month, what is her percent rate of commission on sales exceeding her quota of $27,000?
Jordan is employed at an annual salary of $28,000 paid semi-monthly. Her regular workweek is 40 hours.
a.What is her regular salary per period?
Round to the nearest cent
b.What is her hourly rate of pay?
Round to the nearest cent
c.What is the gross pay for a pay period in which Jordan worked 14 hours overtime? Overtime hours are paid at time-and-a-half of regular hourly rate.
Round to the nearest cent
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott