29th Edition

ISBN: 9781337619905

Author: BIEG

Publisher: CENGAGE L

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Textbook Question

Chapter 2, Problem 21PB

Maria Cohen is employed as a salesperson in the men’s department of Lee’s Fashions. In addition to her weekly base salary of $400 (35-hour week), Cohen is paid a commission of 1% on her total net sales for the week (total gross sales less any customer returns). During the past week, to promote the sale of its fine cashmere sweaters, Lee’s agreed to pay Cohen an additional PM (push money) of 3% of the total net sales of cashmere sweaters. Cohen’s weekly sales tally is given below.

Chapter 2, Problem 21PB, Maria Cohen is employed as a salesperson in the mens department of Lees Fashions. In addition to her , example 1

Compute Cohen’s total weekly earnings, showing her (a) weekly base salary, (b) commission, (c) PM, and (d) total weekly earnings.

Chapter 2, Problem 21PB, Maria Cohen is employed as a salesperson in the mens department of Lees Fashions. In addition to her , example 2

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Chapter 2 Solutions

PAYROLL ACCT.,2019 ED.(LL)-W/ACCESS

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Solution Summary: The author explains how to calculate weekly net sales, which is defined as sales minus sales return.

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Chapter 2 Solutions