Asked by Chandler Crouch on Apr 23, 2024
Verified
Diana Mortz receives a salary of $4,970, and a 2.6% commission on all of her sales in a month. In June, she sold $444,000 worth of commodities. Determine Diana Mortz's total pay for June.
Monthly Salary
Regular payment received by an employee from their employer for work performed, calculated on a monthly basis.
Commission
A commission refers to a fee paid to an agent or employee for facilitating a sale or completing a service, often calculated as a percentage of the sale price.
Commodities
Basic goods used in commerce that are interchangeable with other goods of the same type.
- Ascertain the overall remuneration by summing up the fixed pay and commission income.
- Determine the aggregate remuneration, which includes salary, commissions, and bonuses.
Verified Answer
ZK
Learning Objectives
- Ascertain the overall remuneration by summing up the fixed pay and commission income.
- Determine the aggregate remuneration, which includes salary, commissions, and bonuses.