Answered step by step
Verified Expert Solution
Question
1 Approved Answer
4. Moses is a Sales Representative receiving an annual salary of 130,000 plus commission on all his sales above quota of 25,000 in accordance with
4. Moses is a Sales Representative receiving an annual salary of 130,000 plus commission on all his sales above quota of 25,000 in accordance with the following schedule:
First 30,000 above quota - %
Next 50,000 - 1%
Next 70,000 - 2%
Over 150,000 - 3%
Compute for his gross earnings if his sales for the month:
a. 24,800
b. 57,600
c. 67,700
d. 120,300
I think you need to divide the annual salary to 12 months for monthly or the basic salary
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started