6. Jasper Hall sells farm chemicals. He is paid a commission of9% of his first $6,000 in sales during the month and 14% on allsales over $6,000. What is his commission in a month in whichhe has sales worth $16,120?7. Miguelden sells appliances. He is naid en SQ0% commission onthe firstPYS 06, and 150workh oi sale8. Cho Sasaki demonstrates microwave ovens at the National

Total sale = $ 16120 Commission upto $ 6000 sale = 9% Commission on sale more than $ 6000 = 14%

Answered: 6. Jasper Hall sells farm chemicals. He…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A sales supervisor whose monthly salary is ₱38,500.00 is paid 7% of his total sales and 3% of the total sales of his subordinates. If his total sales for the month amount to ₱250,000.00 and that of his subordinates is ₱425,000.00, determine the following: What is his gross income?
Sebastian sells cars for a living. Each month, he earns $1,400.00$1,400.00 of base pay, plus 11.3%11.3% of commission from his sales. One month, Sebastian made $44,400.00$44,400.00 in sales. How much income did he earn in total in that month?
B. Manuel Romo sells tires at the local shopping mall. Romo earns 20 percent commission on the first $500, 25 percent on the next $1,000, and 30 percent on sales over $1,500. Last weekend he sold $1,940 worth of tires. What is his total commission? 4. Tunisia Buehrer sells sporting goods equipment. Buehrer earns 5 percent commission on the first $6,000, 7t percent on the next $6,000, and 10 percent on sales over $12,000. Her total sales for the month are $14,640. What is her total commission?
Manuel Romo sell tires at the local shopping mall. Romo earns 20 percent commission on the first $500, 25 percent on the next $1,000 and 30 percent on sales over $1,500. Last weekend he sold $1,940 worth of tires. What is his total commission?
A salesman is paid a base salary of $120 plus a commission rate of 10% of total sales. Calculate income based on $6000 in sales The total salesman compensation is $ (blank)
Robin Hartman earns $554 per week plus 3% of sales over $6,500. Robin's week sales are $14,100. How much does Robin earn? Amount Earned

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6. Jasper Hall sells farm chemicals. He is paid a commission of 9% of his first $6,000 in sales during the month and 14% on all sales over $6,000. What is his commission in a month in which he has sales worth $16,120?