payroll fundamentals1

a) Darren Terry is a commission agent and receives a commission 5% on gross sales. The gross sales of the Company for the month are $60,000.00. How much commission will be paid for Darren? b) Jasmine Ali is a salesperson who receives a semi-monthly commission calculated as 15% of Net sales. However, she receives a mid-pay period advance of $ 1 ,250. The semi-monthly net sales are $3 5,000. How much commission she would get during the pay period? c) Plolycon Industries set target levels for its commissioned employees. On the rst $100,000 of gross sales, a commissioned employee receives 5% commission. On gross sales exceeding $100,000 up to $150,000, he receives 7.5% commission; for gross sales in excess of $1 50,000, he receives 10% commission. What would be the employee's commission for the pay period, if during this month the gross sa1es are $280,000