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ID: 3137550 • Letter: P
Question
PlayerHlomeworkaspxhomeworkld-4761615558questionld 18flushed-false8icld-4949853&back-; Search.. MSN ?Amazon.com-Online sh.. E TripAdvisor BUS124 CRN47411 (1) Homework: Chapter 6 Section 2 Score: 0 of 1 pt 6.2.33 3 of 4 (0 complete) A manager at a company is paid a weekly salary plus commission and an override Find his gross earnings given the following Personal sales Department sales Salary 55640 $17.437 500 Personal returns Department returns Personal quota $161 $639 $1000 Commission rate 5% Override The managers gross earnings are Simplity your answer. Type an inteper or a decimal rounded to the nearest cent as needed.) Enter your answer in the answer box and then click Check Answe INExplanation / Answer
Assuming that commission will be given on sales and the override will be given on total wage, we have following computations:
So, the gross salary of the manager is = $ 26,928.81
Manager's Earnings and Gross Salary Personal Sales $ 5,640 Personal Returns $ 161 Department Sales $ 17,437 Department Returns $ 639 Salary $ 500 Personal Quota $ 1,000 Commision 5% $ 1,153.85 Override 1.5% $ 397.96 SUM $ 24,730.85 Gross Salary $ 26,928.81