Question 1

An employment agency is seeking a newspaper advertising salesperson. The monthly pay is $2,500 salary plus a 2.5% commission on sales up to $60,000 and 5% on sales over $60,000. The advertisement also states that normal sales should usually be at least $75,000. What would be the total pay for a person who sold the expected minimum?​

Accepted Answer

The answer of An employment agency is seeking a newspaper...

Question 2

Sylvia Jimenez is paid by commission only, and she earns 1.5% on all sales. If Sylvia sells more than $125,000 in any month, she receives an additional 2% on the sales above $125,000. Find Sylvia's total commission for July on sales of $180,000.​

Accepted Answer

The answer of Sylvia Jimenez is paid by commission only,...

Question 3

​Diana Mortz receives a salary of $4,970, and a 2.6% commission on all of her sales in a month. In June, she sold $444,000 worth of commodities. Determine Diana Mortz's total pay for June.

Accepted Answer

The answer of ​Diana Mortz receives a salary of $4,970,...

Question 4

​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?

Accepted Answer

The answer of ​A home furnishings salesperson works on a...

Question 5

In the first quarter of the year (January through March), a commission merchant sold several consignments of construction equipment, some used and some new. The sales price was $112,900 for the new equipment and $58,400 for the used equipment. The merchant charges commission rates of 10% to sell new equipment and 15% to sell used equipment. The merchant paid total freight charges of $2,490 to have the equipment delivered to the various buyers. Compute the net proceeds from the sales.

Accepted Answer

The answer of In the first quarter of the year...

Question 6

​Harley Dickerson sells industrial paper products and earns a 4% commission on all sales. Harley earns a 2% bonus on sales that exceed $40,000 during a month. An additional 1% bonus is earned on any sales that exceed $90,000. Calculate Harley's commission for a month on sales of $95,800.

Accepted Answer

The answer of ​Harley Dickerson sells industrial paper products and...

Question 7

​A contract merchant specializing in Stationery articles sold a consignment of articles for an office. The sales price was $22,650 with a commission rate of 16% for office articles. For this consignment, there was $650 freight that the merchant had to pay. What were the net proceeds due to the office?

Accepted Answer

The answer of ​A contract merchant specializing in Stationery articles...

Question 8

A medical representative earns a salary of $840 per week and a 7% commission on all sales. Determine the medical representative's total pay if his sales for the week total $27,200.

Accepted Answer

The answer of A medical representative earns a salary of...

Question 9

An interior decorator buys furniture at the "dealer price," but he charges his clients the "retail price" instead of charging a commission. A client pays $3,000 for furniture that had a "dealer price" of $2,500. To charge the client the same dollar amount, but calculating it as a commission, what commission rate would the decorator have to use?​

Accepted Answer

The answer of An interior decorator buys furniture at the...

Question 10

A commission merchant specializing in food products sold a consignment of products for a farm. The sales price was $18,450 with a commission rate of 12% for farm products. For this consignment, there was $890 freight that the merchant had to pay. What were the net proceeds due to the farm?

Accepted Answer

The answer of A commission merchant specializing in food products...

Question 11

Mary Wallis receives a salary of $2,750, and a 1.5% commission on all of her sales in a month. In March, she sold $325,000 worth of merchandise. Determine Mary's total pay for March.

Accepted Answer

The answer of Mary Wallis receives a salary of $2,750,...

Question 12

An employee earns a salary of $750 per week and a 4% commission on all sales. Determine the employee's total pay if her sales for the week total $18,100.

Accepted Answer

The answer of An employee earns a salary of $750...

Question 13

A free-lance sales representative is independent and gets paid on a commission-only basis. She earns a 5% commission on monthly sales up to $35,000, 6% on monthly sales between $35,000 and $75,000, and 7% on monthly sales over $75,000. Determine her commission for a month when sales were $106,450.

Accepted Answer

The answer of A free-lance sales representative is independent and...

Question 14

​An employee who sells advertising time for independent television stations is paid a salary of $2,000 per month. For short commercials (less than 30 seconds), the employee receives a 0.5% commission. For long commercials (30 seconds or longer), she receives a 1% commission. Compute her total pay for a month in which she sold $345,500 worth of time for short commercials, and $196,000 worth of time for long commercials.

Accepted Answer

The answer of ​An employee who sells advertising time for...

Question 15

​A single, working parent decides to have a home delivery service perform his weekly grocery shopping. The service charges a fee of 6.5% of the food price, plus 50 cents per mile. In one month, for this parent, the service delivered food worth $1,652.88 and drove a total of 98 miles. Determine the parent's total cost for the groceries and the service during this month.

Accepted Answer

The answer of ​A single, working parent decides to have...

Question 16

A salesperson gets paid a salary of $2,150 per month, with a graduated commission plan that pays 2.5% on sales up to $40,000, 3% on sales between $40,000 and $80,000, and 3.5% on sales over $80,000. Compute the total pay for the salesperson during a month when sales were $106,500.​

Accepted Answer

The answer of A salesperson gets paid a salary of...

Question 17

A landscape designer charges a modest hourly design fee. She makes the majority of her income by selling various outdoor equipment and furniture. She adds 25% to her cost and also charges any related delivery and/or "set-up" fees. A client selected furniture and barbecue equipment that cost the designer $3,274. In addition, there was a delivery charge of $375 and another $247 to assemble the barbecue. Compute the total amount of the purchase.​

Accepted Answer

The answer of A landscape designer charges a modest hourly...

Question 18

​Yuli Lu works as commission merchant who helps businesses sell their existing office equipment, except computers. For desks, tables, chairs and filing cabinets, Yuli charges 18% of the sales price. For printers and copiers, she charges 30%. She also deducts any delivery charges. For Harris Corp, she sold assorted furniture at $7,860 and two large copiers for $2,450 each. The total delivery charges were $318. Compute the net proceeds that would be due to Harris Corp.

Accepted Answer

The answer of ​Yuli Lu works as commission merchant who...

Question 19

Select City Run Mall is seeking a salesperson for the Xara showroom. The monthly pay of the salesperson would be $3,800 salary plus a 3.6% commission on sales up to $80,000 and 7.2% on sales over $80,000. The job requirement also states that normal sales should usually be at least $95,000. What would be the total pay for a person who sold the expected minimum?

Accepted Answer

The answer of Select City Run Mall is seeking a...

Quiz 6: Commissions

Sylvia Jimenez is paid by commission only, and she earns 1.5% on all sales. If Sylvia sells more than $125,000 in any month, she receives an additional 2% on the sales above $125,000. Find Sylvia's total commission for July on sales of $180,000.​

​Diana Mortz receives a salary of $4,970, and a 2.6% commission on all of her sales in a month. In June, she sold $444,000 worth of commodities. Determine Diana Mortz's total pay for June.

​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?

​Harley Dickerson sells industrial paper products and earns a 4% commission on all sales. Harley earns a 2% bonus on sales that exceed $40,000 during a month. An additional 1% bonus is earned on any sales that exceed $90,000. Calculate Harley's commission for a month on sales of $95,800.

A medical representative earns a salary of $840 per week and a 7% commission on all sales. Determine the medical representative's total pay if his sales for the week total $27,200.

A commission merchant specializing in food products sold a consignment of products for a farm. The sales price was $18,450 with a commission rate of 12% for farm products. For this consignment, there was $890 freight that the merchant had to pay. What were the net proceeds due to the farm?

Mary Wallis receives a salary of $2,750, and a 1.5% commission on all of her sales in a month. In March, she sold $325,000 worth of merchandise. Determine Mary's total pay for March.

An employee earns a salary of $750 per week and a 4% commission on all sales. Determine the employee's total pay if her sales for the week total $18,100.

A free-lance sales representative is independent and gets paid on a commission-only basis. She earns a 5% commission on monthly sales up to $35,000, 6% on monthly sales between $35,000 and $75,000, and 7% on monthly sales over $75,000. Determine her commission for a month when sales were $106,450.

A salesperson gets paid a salary of $2,150 per month, with a graduated commission plan that pays 2.5% on sales up to $40,000, 3% on sales between $40,000 and $80,000, and 3.5% on sales over $80,000. Compute the total pay for the salesperson during a month when sales were $106,500.​

Sylvia Jimenez is paid by commission only, and she earns 1.5% on all sales. If Sylvia sells more than $125,000 in any month, she receives an additional 2% on the sales above $125,000. Find Sylvia's total commission for July on sales of $180,000.

Diana Mortz receives a salary of $4,970, and a 2.6% commission on all of her sales in a month. In June, she sold $444,000 worth of commodities. Determine Diana Mortz's total pay for June.

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?

Harley Dickerson sells industrial paper products and earns a 4% commission on all sales. Harley earns a 2% bonus on sales that exceed $40,000 during a month. An additional 1% bonus is earned on any sales that exceed $90,000. Calculate Harley's commission for a month on sales of $95,800.

A salesperson gets paid a salary of $2,150 per month, with a graduated commission plan that pays 2.5% on sales up to $40,000, 3% on sales between $40,000 and $80,000, and 3.5% on sales over $80,000. Compute the total pay for the salesperson during a month when sales were $106,500.