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1. Sonny works as a furniture salesman and earns a base salary of P1,550 per week plus 6% commission on sales. What was Sonny's weekly gross salary if his total sales were P57,000?

1. Sonny works as a furniture salesman and earns a base salary of P1,550 per week plus 6% commission on sales. What was Sonny's weekly gross salary if his total sales were P57,000?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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4) What's More BC Activity 1.1 Try this! Solve the following problems. Write your answers on your notebook. Don't forget to show your complete solution. 1. Sonny works as a furniture salesman and earns a base salary of P1,550 per week plus 6% comnmission on sales. What was Sonny's weekly gross salary if his total sales were P57,000? 2. Veronika works at Future Shop and earns P350 per hour plus 6% commission on sales. Last week Veronika worked 40 hours. What was Veronika's weekly gross salary if her total sales were P25,000? 3. William earns straight commission as a real-estate agent. Last month his total sales were P971,168.00. If William earns a 3% rate of commission, what was his gross income last month? 4. Sophia earns straight commission selling cell phone contracts. Last month she sold 341 cell phone contracts worth a total of P238,192.00. If Sophia earns a 5% rate of commission, what was her gross income last month? 5. Brian is a salesman for a wholesale computer parts company. He earns straight commission at a rate of 4%. Last month his total sales were P382,968.00. What was his gross monthly income last month? Activity 1.2 Try this! Solve for the amount of commission. Don't forget to show your complete solution. Write your answers on your notebook. Complete the table: Amount of Sales Rate of Commission Amount of Commission (1) to 0 0 (2) 5.5% to 000 (3) 10% 11% to 000 to 00i00 5)
Transcribed Image Text:4) What's More BC Activity 1.1 Try this! Solve the following problems. Write your answers on your notebook. Don't forget to show your complete solution. 1. Sonny works as a furniture salesman and earns a base salary of P1,550 per week plus 6% comnmission on sales. What was Sonny's weekly gross salary if his total sales were P57,000? 2. Veronika works at Future Shop and earns P350 per hour plus 6% commission on sales. Last week Veronika worked 40 hours. What was Veronika's weekly gross salary if her total sales were P25,000? 3. William earns straight commission as a real-estate agent. Last month his total sales were P971,168.00. If William earns a 3% rate of commission, what was his gross income last month? 4. Sophia earns straight commission selling cell phone contracts. Last month she sold 341 cell phone contracts worth a total of P238,192.00. If Sophia earns a 5% rate of commission, what was her gross income last month? 5. Brian is a salesman for a wholesale computer parts company. He earns straight commission at a rate of 4%. Last month his total sales were P382,968.00. What was his gross monthly income last month? Activity 1.2 Try this! Solve for the amount of commission. Don't forget to show your complete solution. Write your answers on your notebook. Complete the table: Amount of Sales Rate of Commission Amount of Commission (1) to 0 0 (2) 5.5% to 000 (3) 10% 11% to 000 to 00i00 5)
4) What's More BC Activity 1.1 Try this! Solve the following problems. Write your answers on your notebook. Don't forget to show your complete solution. 1. Sonny works as a furniture salesman and earns a base salary of P1,550 per week plus 6% comnmission on sales. What was Sonny's weekly gross salary if his total sales were P57,000? 2. Veronika works at Future Shop and earns P350 per hour plus 6% commission on sales. Last week Veronika worked 40 hours. What was Veronika's weekly gross salary if her total sales were P25,000? 3. William earns straight commission as a real-estate agent. Last month his total sales were P971,168.00. If William earns a 3% rate of commission, what was his gross income last month? 4. Sophia earns straight commission selling cell phone contracts. Last month she sold 341 cell phone contracts worth a total of P238,192.00. If Sophia earns a 5% rate of commission, what was her gross income last month? 5. Brian is a salesman for a wholesale computer parts company. He earns straight commission at a rate of 4%. Last month his total sales were P382,968.00. What was his gross monthly income last month? Activity 1.2 Try this! Solve for the amount of commission. Don't forget to show your complete solution. Write your answers on your notebook. Complete the table: Amount of Sales Rate of Commission Amount of Commission (1) to 0 0 (2) 5.5% to 000 (3) 10% 11% to 000 to 00i00 5)
Transcribed Image Text:4) What's More BC Activity 1.1 Try this! Solve the following problems. Write your answers on your notebook. Don't forget to show your complete solution. 1. Sonny works as a furniture salesman and earns a base salary of P1,550 per week plus 6% comnmission on sales. What was Sonny's weekly gross salary if his total sales were P57,000? 2. Veronika works at Future Shop and earns P350 per hour plus 6% commission on sales. Last week Veronika worked 40 hours. What was Veronika's weekly gross salary if her total sales were P25,000? 3. William earns straight commission as a real-estate agent. Last month his total sales were P971,168.00. If William earns a 3% rate of commission, what was his gross income last month? 4. Sophia earns straight commission selling cell phone contracts. Last month she sold 341 cell phone contracts worth a total of P238,192.00. If Sophia earns a 5% rate of commission, what was her gross income last month? 5. Brian is a salesman for a wholesale computer parts company. He earns straight commission at a rate of 4%. Last month his total sales were P382,968.00. What was his gross monthly income last month? Activity 1.2 Try this! Solve for the amount of commission. Don't forget to show your complete solution. Write your answers on your notebook. Complete the table: Amount of Sales Rate of Commission Amount of Commission (1) to 0 0 (2) 5.5% to 000 (3) 10% 11% to 000 to 00i00 5)
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