Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Jeffery Simpson sells widgets for Colorful Toys, Inc. His annual salary is $50,000 per year and he is paid on a biweekly basis. During the
Jeffery Simpson sells widgets for Colorful Toys, Inc. His annual salary is $50,000 per year and he is paid on a biweekly basis. During the third quarter of the year, Jefferys total sales were $33,008. He is also paid a commission and the for quarterly sales, see below. For the first pay of October, what is his gross pay?
$0 to $20,000 | 1% |
$20,001 to $32,000 | 2% |
$32,001 to $50,000 | 3% |
A. $2,583.24
B. $2,553.16
C. $2,913.32
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