An employer uses a commission process to determine his employees gross pay. The employee is given his

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An employer uses a commission process to determine his employee’s gross pay. The employee is given his choice of two methods.

a. 10% commission on all sales

b. $500 base guaranteed salary & 5 percent commission on all sales Determine which method would yield the highest gross pay if the employee sold $15,000 of merchandise.

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Small Business Accounting

ISBN: 9780470198636

1st Edition

Authors: Lita Epstein, Susan Myers

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