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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
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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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. $ Add Work Question 5 > Spencer's car insurance bill this year has decreased by 14%. He will be paying $86.80 less this year than last. How much did he pay last year? > Next Question
Transcribed Image Text: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. $ Add Work Question 5 > Spencer's car insurance bill this year has decreased by 14%. He will be paying $86.80 less this year than last. How much did he pay last year? > Next Question
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