These salespeople are paid a minimum monthly salary or commission, whichever is greater. Find the monthly commission and gross pay. # Salesperson 15 Moser 16 Zinn 17 Schwartz 18 Flores 19 Barksdale Minimum Monthly Salary $2,100 1600 3140 850 3410 Total Monthly Sales $28,000 X 23000 X X Commission = Rate 31000 X 10000 X 29100 X 8.0% 6.5% 9.25% 3.5% 12.1% = = = Monthly Commission Gross Pay

These salespeople are paid a minimum monthly salary or commission, whichever is greater. Find the monthly commission and gross pay. # Salesperson 15 Moser 16 Zinn 17 Schwartz 18 Flores 19 Barksdale Minimum Monthly Salary $2,100 1600 3140 850 3410 Total Monthly Sales $28,000 X 23000 X X Commission = Rate 31000 X 10000 X 29100 X 8.0% 6.5% 9.25% 3.5% 12.1% = = = Monthly Commission Gross Pay

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 19Q: The following is select account information for Sunrise Motors. Sales: $256,400; Sales Returns and...

See similar textbooks

Similar questions

Type the formulas to calculate the following: In cell B9, calculate the grand total amount owing for all customers. In ce E KBC DFGHJ1 Cost Retail 2 Mussels R12,40 R21, 70 3 Crabs R25, 60 R44,804 Markup % 75,0% 5 Discount % 8,5% EFT 6 VAT % 15 89 Total Sales 10 Cost of Sales 11 Profit or Loss No of 12 Customers No of Crab 13 Customers Sales of Mussel 14 Customers 15 Can
Please help
Subject - account Please help me. Thankyou.
1. Isabel Fischer, paper sales. 9% commission on first $1400. 11% commission on amount over $1400. $3200 total sales. What is her total commission?
If a saleperson's monthly sales are less than $400, their commission is 5% If a saleperson's monthly sales are between $400 and $750, their commission is 10%. If a salesperson's monthly sales are more than $750, but less than $1000, their commission is 15%. If a saleperson's monthly sales are $1000 or more, their commission is 18.5%. Salesperson Sales Commission Rome $1000 Izzy $750 Drizzy $800 Jay $350 Hint: Commission equals the sales amount*commission Rate)(Excel Nesting IF exercise )
Following are the details of spending pattern for a customer. Calculate the customer's past customer value based on a discount rate of 1.25% per month. January February March Purchase Amount 800 50 50 ($) Gross Contribution 240 15 15 (GC) O 350 O 290.5 300 O 276. 2
This table shows the amount of commission earned for a broker receiving 3% commission on sales. How much would this agent earn in commission for $600,000 in sales? Commission Earned Sales (in thousands of S) 120 240 360 480 600 Commission (in thousands of S) 3.6 72 10.8 14.4 A. $180,000 B. $18,000 C. $200 D. $20,000
This table shows the amount of commission earned for a broker receiving 3% commission on sales. How much would this agent earn in commission for $600,000 in sales? Commission Eamed Sales (in thousands of S) 120 240 360 480 600 Commission (in thousands ofS 36 72 108 14.4 A. $180,000 B. $18,000 C. $200 D. $20,000
Q.2. Compute the total commission for the following commission payment plan. Graduated Commission Rates 3% on sales to $25,000 5% from $25,000 to $50,000 7% on sales above $50,000 Sales $84,000 Commission
2. Myron Sherzer, appliance sales. 8% commission on first $2200. 12% commission on sales over $2200. $4350 total sales. What is his total commission?
20. The list price of an air conditioner is OMR 250. If manufacturer sells this product to a retailer for list price less 15% discount, what will be the amount of account receivable to be recorded by the manufacturer? a. OMR 250 b. OMR 212.50 c. OMR 37.50 d. OMR 287.50
Please compute for the letter E to L requirements.