Jason’s gross pay for August is $4932 on sales totalling $202,000. If his base salary is $2,700 per month. What is rate of commission on sales exceeding his monthly quota of $140,00?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 11EB: Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase,...
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Jason’s gross pay for August is $4932 on sales totalling $202,000. If his base salary is $2,700 per month. What is rate of commission on sales exceeding his monthly quota of $140,00?
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