Question

Question 7 and 9 please.

7. Geraldine Moog is paid a commission of 9% on her net sales and is authorized to draw up to $800 a month. What is the amount due to Geraldine at the end of a month in which she drew $720, had gross sales of $12 660, and sales returns of $131.20? 8. What is a salesperson's commission on net sales of $16 244 if the commission is paid on a sliding scale of 84% on the first $6000, 9¾% on the next $6000, and 11.5% on any additional net sales? 9. A sales representative selling auto parts receives a commission of 4.5% on net sales up to $10 000, 6% on the next $5000, and 8% on any further sales. If his for a month were $24 250 and sales returns were $855, what was his commission for the month? sales gross

Answer 1

D Gross seles = $12660 sales return = $ 131.20 Net sels = $ (12660 - 131.20) = $12528.80 Commission & on net sales = 93 %. = 39%. Commission 12.528.80 x 39 -488623.2 1921.558 4x100 400 Commission = $1221.56 Geraldline authorised to draw up to $800 a month. Total amount of Geraldline can drawo =$(1921.56 +800) = $ 2091.56 Geraldline drew at the end of month= $720 Amount due at the end of month= $(2021.56-720) 301.56 Gross Sales - $ 24250 sales return = $855 Net seless = $(24250 -855) - $ 23,395. Commission up to $10000 = 4.5% Commission on sales of $10000 = 10000 x 4.5% = 10000 x 4.5 = 450 Commission on sales of next &5000 = 1 Commission on sales of $5000 = 500 6x6 =300 Further sales = (23395 - 18000-5000) =$8,395 ommission of further sales=8% Commission on sales of $8.395=8395x8 =67160 621.60 Total commission = $(450+300+ 0 1.60) = $ 1931.60