Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Michael works as a sales person for an office supply store selling office furniture and electronics. Instead of a salary, Michael earns a straight commission
Michael works as a sales person for an office supply store selling office furniture and electronics. Instead of a salary, Michael earns a straight commission of 8.5% of net sales. During the month of September, Michael generated $35858 in gross sales and had returns and allowances in the amount of $5983. What is Michael's gross pay for the month of September?
Show your answer to 6 decimal places in your written work and round your final answer to the nearest cent [2 decimal places] with the appropriate units.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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