Nondiscretionary Bonus Sally Example's youngest daughter, Betty, earns $13.85 per hour and a production bonus for this week of $47.50. In addition, she worked 5 hours of overtime. Description Formula Earnings (45 hours x $13.85) + $47.50 Regular Rate of Pay $670.7545 hours = $14.91, rounded ($14.91x .5) $7.46, rounded ($7.46x 5 hours) Gross Weekly Earnings Amount = $670.75 = 37.30 = $708.05 Commissions Sally Example's oldest daughter, Rachel is a sales representative who earns an annual base salary of $45,500. Her sales quota is set at $750,000. If her sales exceeds her quota, she will receive a year-end commission of 4.5% on sales in excess of that quota. For the current year, she has sales of $1,025,270. Description Formula Amount Base Salary $45,500.00 Commission @ 4.5% ($1,025,270 - $750,000 (quota)) = $275,270 $275,270 x .045 = 12,387.15 Gross Annual Earnings = $57,887.15 Making It Work Note: Round interim calculations to two decimal places. Use rounded amounts in subsequent computations. Round the commission rate to three decimal places (e.g. 9.5% would be entered as .095). And, enter commission and gross earnings to the nearest cent. Connor McDavid earns an annual base salary of $92,000 with a quota of $730,000. If sales exceed the quota, a 5% commission on the sales in excess of that quota will be paid. For the current year, sales are $912,500. Base Salary Commission Rate Enter to 3 decimal places Commission Pay Gross Annual Earnings = $ Making It Work Note: Round interim calculations to two decimal places. Use rounded amounts in subsequent computations. Round the commission rate to three decimal places (e.g. 9.5% would be entered as .095). And, enter commission and gross earnings to the nearest cent. Connor McDavid earns an annual base salary of $92,000 with a quota of $730,000. If sales exceed the quota, a 5% commission on the sales in excess of that quota will be paid. For the current year, sales are $912,500. Base Salary Commission Rate Enter to 3 decimal places Commission Pay Gross Annual Earnings = Gordie Howe, Wayne's assistant, earns $15.85 per hour and has earned a paper-pushing bonus (nondiscretionary) this week of $60.75. In addition, 5 hours of overtime were worked. Earnings Overtime Rate Feedback Overtime Pay Gross Weekly Earnings = $