4. Paolo is a sales manager receiving a monthly salary of Php 240 000.00, a commission of 7% on his sales, and a monthly transportation allowance of Php 8 000.00. He is also given an override of 1.5% on his representatives' sales. For the month of September, he sold a total of Php 220 000.00. His men sold a total of Php 780 500.00 Compute for his gross earnings.

4. Paolo is a sales manager receiving a monthly salary of Php 240 000.00, a commission of 7% on his sales, and a monthly transportation allowance of Php 8 000.00. He is also given an override of 1.5% on his representatives' sales. For the month of September, he sold a total of Php 220 000.00. His men sold a total of Php 780 500.00 Compute for his gross earnings.

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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Question

4. Paolo is a sales manager receiving a monthly salary of Php 240 000.00, a
commission of 7% on his sales, and a monthly transportation allowance of Php 8
000.00. He is also given an override of 1.5% on his representatives' sales. For the
month of September, he sold a total of Php 220 000.00. His men sold a total of Php
780 500.00 Compute for his gross earnings.

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