The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,200.00 plus an incremental commission based on the table below. If Sally sells $25,700.00, what is her total gross pay for the month? Level Sales Volume Commission Rate 1 9,100–17,600 5.1% 2 Over 17,600 6% A.$2,583.60 B.$2,683.60 C.$2,783.60 D.$2,883.60
The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,200.00 plus an incremental commission based on the table below. If Sally sells $25,700.00, what is her total gross pay for the month? Level Sales Volume Commission Rate 1 9,100–17,600 5.1% 2 Over 17,600 6% A.$2,583.60 B.$2,683.60 C.$2,783.60 D.$2,883.60
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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7. The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,200.00 plus an incremental commission based on the table below. If Sally sells $25,700.00, what is her total gross pay for the month?
| Level | Sales Volume | Commission Rate |
|---|---|---|
| 1 | 9,100–17,600 | 5.1% |
| 2 | Over 17,600 | 6% |
A.$2,583.60
B.$2,683.60
C.$2,783.60
D.$2,883.60
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