Maya is compensated using a salary-plus-commission basis for her work.Her annual base salary is $32,000.During a semimonthly pay period she made $18,500 in sales,for which she receives a 2% commission.Her gross pay for the semimonthly period is ________.(Do not round intermediate calculations.Round your answer to 2 decimal places. )
A)$1,333.33
B)$1,523.55
C)$1,693.54
D)$1,703.33

Question

Quizplus · Accepted Answer

First, we need to determine Maya's commission for the semimonthly period:

Commission = $18,500 x 0.02 = $370

Then, we can calculate her total gross pay for the semimonthly period:

Gross Pay = Base Salary + Commission = $32,000/24 + $370 = $1,703.33

Therefore, the best choice is D.

Maya Is Compensated Using a Salary-Plus-Commission Basis for Her Work