Carissa receivesacommission of 2.1% on her monthly sales up to $4,800. The rate then increases to 4.9% on the next $5,800, and the top rate of 9.3% applies to any further sales. During July, Carissa's sales were $14,973 and sales returns were $638. Carissa receives a commission of 2.1% on her monthly sales up to $4,800. The rate then increases to 4.9% on the next $5,800, and the top rate of 9.3% applies to any further sales. During July, Carissa's sales were $14,973 and sales returns were $638. a) Calculate Carissa's commission for July. $ b) Calculate her average hourly rate if she worked 27 hours during July. $ Add Work a) Calculate Carissa's commission for July.$ b) Calculate her average hourly rate if she worked 27 hours during July.$
Carissa receivesacommission of 2.1% on her monthly sales up to $4,800. The rate then increases to 4.9% on the next $5,800, and the top rate of 9.3% applies to any further sales. During July, Carissa's sales were $14,973 and sales returns were $638. Carissa receives a commission of 2.1% on her monthly sales up to $4,800. The rate then increases to 4.9% on the next $5,800, and the top rate of 9.3% applies to any further sales. During July, Carissa's sales were $14,973 and sales returns were $638. a) Calculate Carissa's commission for July. $ b) Calculate her average hourly rate if she worked 27 hours during July. $ Add Work a) Calculate Carissa's commission for July.$ b) Calculate her average hourly rate if she worked 27 hours during July.$
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Carissa receivesacommission of 2.1%
on her monthly sales up to $4,800.
The rate then increases to 4.9% on the
next $5,800, and the top rate of 9.3%
applies to any further sales. During
July, Carissa's sales were $14,973 and
sales returns were $638.
Carissa receives a commission of 2.1% on her monthly sales up to $4,800. The rate then increases
to 4.9% on the next $5,800, and the top rate of 9.3% applies to any further sales. During July,
Carissa's sales were $14,973 and sales returns were $638.
a) Calculate Carissa's commission for July. $
b) Calculate her average hourly rate if she worked 27 hours during July. $
Add Work
a) Calculate Carissa's commission for
July.$
b) Calculate her average hourly rate if
she worked 27 hours during July.$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F38336ba8-c25e-4577-ac30-cca3a7f9bed6%2F888ba308-ab8f-432a-a7bd-37f8b7af3146%2F8ogh7wr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Carissa receivesacommission of 2.1%
on her monthly sales up to $4,800.
The rate then increases to 4.9% on the
next $5,800, and the top rate of 9.3%
applies to any further sales. During
July, Carissa's sales were $14,973 and
sales returns were $638.
Carissa receives a commission of 2.1% on her monthly sales up to $4,800. The rate then increases
to 4.9% on the next $5,800, and the top rate of 9.3% applies to any further sales. During July,
Carissa's sales were $14,973 and sales returns were $638.
a) Calculate Carissa's commission for July. $
b) Calculate her average hourly rate if she worked 27 hours during July. $
Add Work
a) Calculate Carissa's commission for
July.$
b) Calculate her average hourly rate if
she worked 27 hours during July.$
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education