Peta is married, filing joint with two other dependents, is paid $17.25 per hour, and receives commission on sales. No commission is paid out until sales exceed $60,000. Once the minimum sales have been reached, the 7 percent commission on sales applies. For the week ending June 10, there was 48 hours worked and $75,000 of medicinal supplies sold. Required: Compute Peta's gross pay for the week.
Peta is married, filing joint with two other dependents, is paid $17.25 per hour, and receives commission on sales. No commission is paid out until sales exceed $60,000. Once the minimum sales have been reached, the 7 percent commission on sales applies. For the week ending June 10, there was 48 hours worked and $75,000 of medicinal supplies sold. Required: Compute Peta's gross pay for the week.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
4
![Peta is married, filing joint with two other dependents, is paid $17.25 per hour, and receives commission on sales. No commission is
paid out until sales exceed $60,000. Once the minimum sales have been reached, the 7 percent commission on sales applies. For the
week ending June 10, there was 48 hours worked and $75,000 of medicinal supplies sold.
Required:
Compute Peta's gross pay for the week.
Note: Round your answers to 2 decimal places.
Peta
Name
Totals
Filing Status
MJ
✓
Dependents
2 Other✔ $
Hourly Rate or
Period Wage
17.25✓
X Answer is complete but not entirely correct.
Period Ended:
Number of
Overtime
Hours
Number of
Regular Hours
40.00✔
8.00 $
$
Regular
Earnings
Commissions
690.00✔ $
690.00 $
06/10/xxxx
Overtime
Earnings
1,050.00 $ 207.04
1,050.00 $ 207.04
Gross
Earnings
$1,947.04
$ 1,947.04](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe4f7e463-b57b-449e-9180-63f28999e08e%2Ffbbffdea-2c85-462a-bf22-e25891fc47c4%2F3mpnppe_processed.png&w=3840&q=75)
Transcribed Image Text:Peta is married, filing joint with two other dependents, is paid $17.25 per hour, and receives commission on sales. No commission is
paid out until sales exceed $60,000. Once the minimum sales have been reached, the 7 percent commission on sales applies. For the
week ending June 10, there was 48 hours worked and $75,000 of medicinal supplies sold.
Required:
Compute Peta's gross pay for the week.
Note: Round your answers to 2 decimal places.
Peta
Name
Totals
Filing Status
MJ
✓
Dependents
2 Other✔ $
Hourly Rate or
Period Wage
17.25✓
X Answer is complete but not entirely correct.
Period Ended:
Number of
Overtime
Hours
Number of
Regular Hours
40.00✔
8.00 $
$
Regular
Earnings
Commissions
690.00✔ $
690.00 $
06/10/xxxx
Overtime
Earnings
1,050.00 $ 207.04
1,050.00 $ 207.04
Gross
Earnings
$1,947.04
$ 1,947.04
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