Asked by Monica Landrum on Jun 18, 2024
Verified
A salesperson in a furniture store receives a weekly salary of $1,250. She also earns a commission of 6% on all sales for the week and a bonus of 2% on all sales above $5,000 for the week. How much would she earn if her total sales for the week were $9,420?
Weekly Salary
Weekly salary refers to the amount of money an individual earns per week for their labor or services.
Commission
Remuneration for sales or service personnel, calculated as a fixed percentage of the sales they accomplish.
Bonus
An extra payment made to an employee beyond their normal salary, often reflecting their performance or company success.
- Assess the cumulative payout, integrating salary, commissions, and bonuses.
Verified Answer
CR
Carshaila RozierJun 22, 2024
Final Answer :
$9,420 $5,000 = $4,420; $9,420 0.06 = $565.20;
$4,420 0.02 = $88.40; $565.20 + $88.40 + $1,250 = $1,903.60
$4,420 0.02 = $88.40; $565.20 + $88.40 + $1,250 = $1,903.60
Learning Objectives
- Assess the cumulative payout, integrating salary, commissions, and bonuses.