Mr. Ortiz is paid a salary of 575 each week and 5 commission on sales over 10,000 less any returned merchandise. His sales information is located in a spreadsheet where salary is in Cell B2, commission rate expressed as a decimal is in Cell C2, returns are in Cell D2, and total weekly sales are in Cell E2. What formula should be in Cell F2 to calculate Mr. Ortiz's net weekly pay?
Question 2
A payroll register has the employees' names in Column A, Social Security numbers in Column B, hourly wages in Column C, regular hours in Column D, and overtime hours in Column E. If overtime is paid at time-and-a-half, what formula should be entered in Column F for regular pay, Column G for overtime pay, and Column H for gross pay? Use Row 1 in all formulas.