The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,400.00 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 3.1% 2 Over 17,600 4% $2,269.60 $2,369.60 $2,469.60 $2,569.60
The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,400.00 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 3.1% 2 Over 17,600 4% $2,269.60 $2,369.60 $2,469.60 $2,569.60
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter13: best-practice Tactics: Game Theory
Section: Chapter Questions
Problem 14E
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The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,400.00 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 | 3.1% |
2 | Over 17,600 | 4% |
$2,269.60
$2,369.60
$2,469.60
$2,569.60
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