Instruction 2-2
Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places .
Refer to Instruction 2-2. Ronald Dowd receives an annual base salary of $87,500 as a salesman in the Southern region, which has an annual sales quota of $450,000. For all sales over this quota, Dowd receives a commission of 4.5 percent. For the current year, sales in the Southern region total $698,000. The amount of salary and commissions due to Dowd is _____.

Question

Instruction 2-2 
Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places .  
Refer to Instruction 2-2. Ronald Dowd receives an annual base salary of $87,500 as a salesman in the Southern region, which has an annual sales quota of $450,000. For all sales over this quota, Dowd receives a commission of 4.5 percent. For the current year, sales in the Southern region total $698,000. The amount of salary and commissions due to Dowd is _____.

Quizplus · Accepted Answer

The Answer of Instruction 2-2 
Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places .  
Refer to Instruction 2-2. Ronald Dowd receives an annual base salary of $87,500 as a salesman in the Southern region, which has an annual sales quota of $450,000. For all sales over this quota, Dowd receives a commission of 4.5 percent. For the current year, sales in the Southern region total $698,000. The amount of salary and commissions due to Dowd is _____.

Instruction 2-2 Carry Each Hourly Rate and Each Overtime Rate to 3