Assume 40 working hours in a week company policy requires


Question - Daniel is paid $14.00 per hour and receives commission on net sales. He does not receive commission until his net sales exceed $150,000. Once the minimum sales volume is reached, he receives 2% commission on all of his sales at Carl's Canopies. This week he sold $170,000 of canopies, however, he had $2,700 of returns from last week's sales. Assume 40 working hours in a week. Company policy requires he return commissions on sale returns. What is his gross pay for the week?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Assume 40 working hours in a week company policy requires
Reference No:- TGS02912482

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)