Jose receives a commission of 2.4% on his monthly sales up to $3,100. The rate then increases to 5.8% on the next $6,600, and the top rate of 9.1% applies to any further sales. During Februray, Jose's sales were $22,648 and sales returns were $1,958. a) Calculate Jose's commission for Februray. $ b) Calculate his average hourly rate if he worked 57 hours during Februray. $

Jose receives a commission of 2.4% on his monthly sales up to $3,100. The rate then increases to 5.8% on the next $6,600, and the top rate of 9.1% applies to any further sales. During Februray, Jose's sales were $22,648 and sales returns were $1,958. a) Calculate Jose's commission for Februray. $ b) Calculate his average hourly rate if he worked 57 hours during Februray. $

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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