Question

PSa 2-7 Calculate Gross Pay with Commissions

Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates.

NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1: Samuel Worthy earns both $7.25/hour and a 10% commission on all sales. During the most recent week, he worked 42 hours and made total sales of $11,000.

Gross Pay = $

2: Charlotte Denning earns both $9/hour and $25 for every sale she completes. During the most recent week, she worked 48 hours and made a total of 62 sales.

Gross Pay = $

3: James Finch earns both $11.70/hour and a 12% commission on all sales. During the most recent week, he worked 45 hours and made total sales of $7,200.

Gross Pay = $

4: Keri Weinberg earns both $10/hour, $10 for every sale of Product A, and $14 for every sale of Product B. During the most recent week, she worked 54 hours and sold 26 units of Product A and 41 units of Product B.

Gross Pay = $

5: Tom Wilson earns both $16.20/hour and a 15% commission on all sales. During the most recent week, he worked 47 hours and made total sales of $13,000.

Gross Pay = $

Answer 1

1)	Gross Pay =		($ 7.25 x 42) + (10% of $ 11000)
		=	$ 1,404.50
2)	Gross Pay =		($ 9 x 48) + ($ 25 x 62)
		=	$ 1,982.00
3)	Gross Pay =		($ 11.7 x 45) + (12% of $ 7200)
		=	$ 1,390.50
4)	Gross Pay =		($ 10 x 54) + ($ 10 x 26) + ($ 14 x 41)
		=	$ 1,374.00
5)	Gross Pay =		($ 16.2 x 47) + (15% of $ 13000)
			$ 2,711.40