Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6H. Carrie is a financial planner and she earns a base monthly salary of $1,600. In addition, she earns 1.5% sales commission over the $20,000
6H. Carrie is a financial planner and she earns a base monthly salary of $1,600. In addition, she earns 1.5% sales commission over the $20,000 quota up to $70,000 and 2% on sales above $70,000. Her regular workweek is 40 hours. Any hours worked over 40 hours in a week are overtime and are paid at 1.5 times her regular base hourly rate. She is being paid on a biweekly basis. Round all dollar amounts to the nearest cent. a) Calculate Carrie's base hourly rate of pay. (2 marks) w b) Calculate the amount of her next biweekly pay cheque in which her sales totaled $94,000 and worked 89 hours in the past two weeks. (4 marks) Attach File
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