A home furnishings salesperson works on a commission-only basis. He earns an 11% commission on all sales that are final, i.e., merchandise is not returned. Last month sales were $48,500, but $7,400 worth of furnishings were returned. What was the salesperson's commission for last month?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q19: Compute the total commission for the following
Q20: Compute the total commission for the following
Q21: An employment agency is seeking a newspaper
Q22: Sylvia Jimenez is paid by commission only,
Q23: Diana Mortz receives a salary of $4,970,
Q25: In the first quarter of the year
Q26: Harley Dickerson sells industrial paper products and
Q27: A contract merchant specializing in Stationery articles
Q28: A medical representative earns a salary of
Q29: An interior decorator buys furniture at the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents