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Author Question: A salesperson gets paid a salary of 2,150 per month, with a graduated commission plan that pays 2.5 ... (Read 87 times)

tth

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on: Jun 24, 2018
A salesperson gets paid a salary of 2,150 per month, with a graduated commission plan that pays 2.5 on sales up to 40,000 . 3 on sales between 40,00 . and 80,000 . and 3.5 on sales over 80,00 . . Compute the total pay for the salesperson during a month when sales were 106,500.

Question 2

The Moose Hardware Company had accounts receivable of 136,00 . and net sales of 470,000 . Compute the ratio of accounts receivable to net sales. (Round answer to two decimal places.)


trampas

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Reply #1 on: Jun 24, 2018
Answer to Question 1

106,500 - 80,00 . = 26,500 . 40,00 .  0.025 = 1,000 . 40,00 .  0.03 = 1,200;
26,500  0.035 = 927.50; 2,150 + 1,00 . + 1,200 + 927.50 = 5,277.50

Answer to Question 2

0.29:1


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