rtemis is paid a weekly commission of 4% on net sales of $6000, 8% on the next $3000, and 12.5% on all further sales. Her gross sales for a week were $11,160 and sales returns and allowances were $120.
(a)
What were her gross earnings for the week?
(b)
What was her average hourly rate of pay for the week if she worked 43 hours?
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(a)gross earning = $735
(b) hourly rate = $17.09
Step-by-step explanation:
(a)
Gross sales = 11 160
Less: returns = 120
Net sales = 11 040
Commission: 4% of $6000.00 = $ 240
8% of $3000.00 240 = 240
12.5% of $[11 040 9000] = 255
Gross earnings = $735
(b)
Average hourly rate = 735 ÷ 43 = $17.09
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