Mathematics A telemarketing firm has a complex pay structure for its salespeople. Each person is given a

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Mathematics A telemarketing firm has a complex pay structure for its salespeople. Each person is given a base salary and a quota (minimum expected sales). In addition to the base salary, the company pays the following commissions on sales:

4 percent for all sales up to $75,000 5 percent for sales of $75,001 to $150,000 6 percent for any sales above $150,000 Any salesperson who exceeds the assigned quota is paid a bonus of

$5,000. Complete the following table using the information given.

Salesperson Base Salary Commission Bonus Total Salary Egan __________ __________ _________ __________ Ranelle __________ __________ _________ __________ Chen __________ __________ _________ __________ Egan has a base salary of $20,000, sales of $80,000, and a quota of

$75,000.

Ranelle has a base salary of $28,000, sales of $140,000, and a quota of $150,000.

Chen has a base salary of $31,000, sales of $220,000, and a quota of

$200,000.

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Business Principles And Management

ISBN: 9781111571726

12th Edition

Authors: James L. Burrow, Kenneth E. Everard, Brad Kleindl

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