Mike receives a monthly salary of 22,500 pesos. He anticipates that his total sales for this month will amount to 225,000 pesos. How much will his gross income for the month if: a) he is paid an additional 6% of the total sales? b) he has quota of 150,000 pesos and receives 14% of all sales in excess of that quota.

Q: 7. Etta earns a yearly base salary in addition to a commission on the sales she makes. If Etta made…

A: Lets understand the basics. Sales commission is paid to employee for making sales. When we have…

Q: 1. A. Sharae pays $5,000 every six months for 5 years, and the annual interest rate is 4%. What is…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Rebecca Huang receives a regular salary of $3,120 a month and is paid 1½ times the regular hourly…

A: Calculate the salary per week:

Q: Kallen receives a base salary of $800 per month plus 5% on all sales over $15,000. If Kallen sold…

A: Gross pay = Base salary + Commission on sale

Q: Mickie is a regional supervisor who earns a base salary of $45.600 per year plus a 3% commission on…

A: Gross pay is the total amount of money an employee earns from their employer before any deductions…

Q: Your realized income from your primary job is $2,034.24/month. Your fixed expenses are 30% of your…

A: To calculate how many hours per month you need to work at your second job to meet your monthly…

Q: Fred currently earns $10,400 per month. Fred has been offered the chance to transfer for three to…

A: calculation of U.S gross income Will Fred report next year are as follows

Q: Boilermaker Design, Inc. (BD) has an employment contract with its newly hired CEO. The contract…

A: N = 3 Rate = 8% Future Value Required = 5,000,000

Q: ohn got a new job through Island Recruiting Company.The job pays $55K per year, and the agency fee…

A: Salary or Job payout is the compensation paid by the employer to employee for the work completed. It…

Q: David is paid a monthly salary of 12,000 and earn a commission of 4% in sale. If he sold the total…

A: The gross pay is the sum total of monthly salary and commission on sales.

Q: Your job pays you only once a year for all the work you did over the previous 12 months. Today,…

A: The future value of a growing annuity is the value of a series of cash flows that increase at a…

Q: susan sells jewelry. She gets a monthly salary plus commission on her sales. Her monthly salary is…

A: The salary may be partially fixed and partially variable depending on sales. The sales commission…

Q: Old Town Entertainment has two employees in Year 1. Clay earns $3,600 per month, and Philip, the…

A: It is the amount of gross earnings of an employee reduced by the income tax to be withheld on the…

Q: 7. Willis Vogal sells for Harvey's King-Size Clothes. He is guaranteed $3.20 per hour or 2.5% of his…

A: Hourly rate = $ 3.20 Pay rate based on sale = 2.5% Hours worked = 79 Sales = $ 6954

Q: 15. Diane Tennet earns $62,500 per year as an engineer. She receives a raise of 3.3% in a year in…

A: Purchasing power is the amount of goods and services that can be purchased with a unit of currency.

Q: Isadore Mitchell. Clothing salesperson. Minimum weekly salary is $250, Rate of commission is 6%.…

A: Minimum Weekly salary or Basic pay is $250 Rate of Commision is 6% Weekly Sales are $2480   To Find…

Q: A salesman earns a salary of $2000 per month plus 4% of all sales he make. The salesman make $25000…

A: Formula: Total Income = Salary + Bonus Sum of both salary and bonus derives the total income per…

Q: At the end of the year, if Malek reaches his annual sales quota, he is given an extra $10,000. This…

A: At the end of the year, if Malek reaches his annual sales quota, he is given an extra $10,000. This…