Damien Carranza is an nonexempt employee of Verent Enterprises where he is a salesperson, earning a base annual salary of $30,000 plus a 3 percent commission on all sales during the pay period. During the weekly pay period ending August 25, Damien closed $25,000 in sales and worked 4 hours overtime. Required: What is his gross pay for the period? (Do not round your intermediate calculations. Round your final answers to 2 decimal places.) Gross pay
Damien Carranza is an nonexempt employee of Verent Enterprises where he is a salesperson, earning a base annual salary of $30,000 plus a 3 percent commission on all sales during the pay period. During the weekly pay period ending August 25, Damien closed $25,000 in sales and worked 4 hours overtime. Required: What is his gross pay for the period? (Do not round your intermediate calculations. Round your final answers to 2 decimal places.) Gross pay
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Damien Carranza is an nonexempt employee of Verent Enterprises where he is a salesperson, earning a base annual salary of
$30,000 plus a 3 percent commission on all sales during the pay period. During the weekly pay period ending August 25, Damien
closed $25,000 in sales and worked 4 hours overtime.
Required:
What is his gross pay for the period? (Do not round your intermediate calculations. Round your final answers to 2 decimal
places.)
Gross pay
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