Question: Give It A Try Note: Round interim calculations to two decimal places. Use rounded amounts in subsequent computations. Round the commission rate to three decimal
Give It A Try Note: Round interim calculations to two decimal places. Use rounded amounts in subsequent computations. Round the commission rate to three decimal places (e.g. 9.5% would be entered as .095), Natalie Portman, a dental Implant sales representative earns an annual base salary of $87,000 based on a quota of $725,000. If her sales exceed her quota, she will receive a 6% commission. For the current year, she has sales of $900,000. Base Salary 87,000 Commission Rate 0.060 Commission Pay 10,500 Entered to 3 decimal places Gross Earnings 97,500 Grace Kelly earns $17.45 per hour and has earned a production bonus this week of $55.50. In addition, she worked 7 hours of overtime Earnings 754 X Overtime Rate 1,500 X Overtime Pay 183 x Gross Earnings $ 937 X
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
