Sunshine Carpet Cleaners provide their top managers with the following bonus plan. Weight Minimum Target Maximum Net
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Sunshine Carpet Cleaners provide their top managers with the following bonus plan. | ||||
Weight | Minimum | Target | Maximum | |
Net income | 25% | 1,000,000 | 1,350,000 | 1,495,000 |
Pollution Index Score | 40% | 80 | 30 | 15 |
Sales | 35% | 5,000,000 | 7,500,000 | 8,500,000 |
Bonus Percent | 20% | 50% | 65% | |
Mr. Willhelm expects that the company will achieve sales of 8,000,000 and hit the net income target of 1,350,000. He expects that they will have a Pollution Index Score of 83. | ||||
If Mr. Willhelm's base salary is $70,000 what is his total amount of compensation? |
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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