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Bill Rose is a salesperson for Boxes, Inc. He believes his $1,639.26 monthly paycheck is in error. Bill earns a $1,850 salary per month plus
Bill Rose is a salesperson for Boxes, Inc. He believes his $1,639.26 monthly paycheck is in error. Bill earns a $1,850 salary per month plus a 7.5% commission on sales over $1,500. Last month, Bill had $7,400 in sales. Bill believes his traveling expenses are 12% of his weekly gross earnings before commissions. Monthly deductions include Social Security, $142.14; Medicare, $33.24; FIT, $233.27; union dues, $25; and health insurance, $16.99. a. Calculate Bill's monthly take-home pay, and indicate the amount his check was under- or overstated. (Round your answer to the nearest cent.) Monthly take-home pay Check was b. Bill's weekly traveling expenses. (Round your answer to the nearest dollar.) Weekly traveling expenses
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