Daniel is paid $10 per hour and receives commission on net sales. He does not receive commission
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Question:
Daniel is paid $10 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 $163,000 of canopies; however, he had $1,500 of returns from last week’s sales.
Company policy requires he return commissions on sale returns. What is his gross pay for the week?
Daniel’s regular pay for 40 hours _________
Commission for $163,000 of sales _________
Less: returned commission for $1,500 sales returns _________
Gross pay _________
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