Telemarketers receive $10 commission on all new customers they sign up for cell nhone service through Movill Networks. Each telemarketer works 40 hours. The company ran a competition this week to see who could sign up the most new people and the winner would get a bonus of $48. Because these employees are paid solely on commission, the employer must ensure that they earn the federal minimum wage for 40 hours each week. Required: Compute the gross pay for each of the following outbound sales representatives. Enter difference when the commission pay is less than the gross pay at minimum wage. Number of New Customers Signed Total Commission Difference Between Minimum Pay and Commission Employee Total Gross Pay S. McCulloch 37 F. Odell 27 S. Heller 44 V. Caro 20
Telemarketers receive $10 commission on all new customers they sign up for cell nhone service through Movill Networks. Each telemarketer works 40 hours. The company ran a competition this week to see who could sign up the most new people and the winner would get a bonus of $48. Because these employees are paid solely on commission, the employer must ensure that they earn the federal minimum wage for 40 hours each week. Required: Compute the gross pay for each of the following outbound sales representatives. Enter difference when the commission pay is less than the gross pay at minimum wage. Number of New Customers Signed Total Commission Difference Between Minimum Pay and Commission Employee Total Gross Pay S. McCulloch 37 F. Odell 27 S. Heller 44 V. Caro 20
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Telemarketers receives $10 commission on all new customers they sign up for cell phone service through mobile networks. Each Telemarketers works 40 hours. The company ran a competition this week to see who could sign up the most people and the winner would get a bonus of $48. Because these employees are paid solely on commission the employer must ensure that they earn federal minimum wage for 40 hours each week.
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