Sarah is a sales representative who earns a basic weekly wage of $420 plus commission of $0.15 in the pound on goods sold. In one week, Sarah sold goods worth $2,200. Deductions from her gross earnings include a pension contribution of 6.5% of gross earnings and income tax of $75. Calculate Sarah's net earnings for the week.
Sarah is a sales representative who earns a basic weekly wage of $420 plus commission of $0.15 in the pound on goods sold. In one week, Sarah sold goods worth $2,200. Deductions from her gross earnings include a pension contribution of 6.5% of gross earnings and income tax of $75. Calculate Sarah's net earnings for the week.
Chapter3: Income Sources
Section: Chapter Questions
Problem 79P
Related questions
Question
100%
Need help this question general accounting
Transcribed Image Text:Sarah is a sales representative who earns a basic weekly wage of
$420 plus commission of $0.15 in the pound on goods sold. In one
week, Sarah sold goods worth $2,200. Deductions from her gross
earnings include a pension contribution of 6.5% of gross earnings
and income tax of $75. Calculate Sarah's net earnings for the
week.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you