Asked by Jennifer Aguilar on Jun 24, 2024
Verified
An appliance salesperson receives a monthly salary of $2,250, plus a commission of 4.5% on all sales. Compute total pay for a month in which she sold $98,450 worth of appliances.
Monthly Salary
A fixed amount of money or compensation paid to an employee by an employer for services rendered during a month.
Commission
A fee paid to an agent or employee for transacting a piece of business or performing a service, often a percentage of the transaction.
Appliances
Electrical or mechanical machines that perform domestic functions, such as refrigerators or washing machines.
- Assess the gross wages by consolidating basic pay and incentives from commissions.
- Compute total pay including salary, commissions, and bonuses.
Verified Answer
SE
Learning Objectives
- Assess the gross wages by consolidating basic pay and incentives from commissions.
- Compute total pay including salary, commissions, and bonuses.