Repeat Example 5 with Data from Example 5 Ms. Smith and Mr. Jones are salespeople in a

Question:

Repeat Example 5 with

A = $45,000 $106,000 $77,000 $22,000 and B = $190,000 $266,000 $345,000 $276,000


Data from Example 5

Ms. Smith and Mr. Jones are salespeople in a new-car agency that sells only two models. August was the last month for this year’s models, and next year’s models were introduced in September. Gross dollar sales for each month are given in the following matrices:

Ms. Smith Mr. Jones August sales Compact Luxury $54,000 $88,000 $126,000 00] = A September sales Compact

For example, Ms. Smith had $54,000 in compact sales in August, and Mr. Jones had $322,000 in luxury car sales in September.

(A) What were the combined dollar sales in August and September for each salesperson and each model?

(B) What was the increase in dollar sales from August to September?

(C) If both salespeople receive 5% commissions on gross dollar sales, compute the commission for each person for each model sold in September.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

Question Posted: