Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate hourly rates and overtime rates as follows:

1.	Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2.	If the third decimal place is 5 or more, round to the next higher cent.
3.	If the third decimal place is less than 5, simply drop the third decimal place.
	Examples:	Monthly rate $1,827 Weekly rate ($1,827 12)/52 = $421.615 rounded to $421.62 Hourly rate $421.62/40 = $10.540 rounded to $10.54 O.T. rate $10.54 1.5 = $15.81

Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.

Example 2-25

Kate Kline receives an annual $35,000 base salary for working a certain territory. A sales quota of $800,000 has been set for that territory for the current year. Kline will receive a 6 percent commission on all sales in excess of $800,000. For the current year, the sales in the territory are $1,030,000. The bonus paid Kline would be:

$13,800 (6% of $230,000)

Kline's total earnings for the year would be:

$48,800 ($35,000 + $13,800)

Jill Connor is employed as a salesperson in the men's department of Fashion Line. In addition to her weekly base salary of $343, Connor is paid a commission of 1% on her total net sales for the week (total gross sales less any customer returns). During the past week, to promote the sale of its fine cashmere sweaters, Fashion Line agreed to pay Connor an additional PM (push money) of 1% of the total net sales of cashmere sweaters. Connor's weekly sales tally is given below.

Item	Gross Sales	Customer Returns
Regular sweaters	$401	$47
Cashmere sweaters	990	70
Ties	179	0
Dress shirts	442	41
Sports shirts	186	21

Compute Connor's total weekly earnings, showing her (a) weekly base salary, (b) commission, (c) PM, and (d) total weekly earnings. Round your intermediate and final answers to the nearest cent.

a.	Weekly base salary:				$__________
	Weekly gross sales		$		______________
	Less customer returns
	Weekly net sales		$		__________
b.	Commission: $ 1%
	Weekly gross sales of cashmere sweaters		$		_______________
	Less customer returns
	Weekly net sales of cashmere sweaters		$		_____________
c.	Push money (PM): $ 1%
d.	Total weekly earnings				$_______________