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s less than S, simply drop the third decimal place. amples: Monthly rate $1,827 weekly...

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Accounting

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s less than S, simply drop the third decimal place. amples: Monthly rate $1,827 weekly rate ($1,827 x 12)/52 $421.615 rounded to $421.62 Hourly rate $421.62/40 $10.540 rounded to $10.54 .T. rate $10.54 x 1.5 $15.81 use the minimum hourly wage of $7.25 in solving these problems and all that follow. ample 2-25 ate Kline receives urrent year. Kline will receive a 6 percent commission on all sales in excess of $800,000. For the $1,030,000. The bonus paid Kline would be: for working a certain territory. A sales quota of $800,000 has been set for that terntory for the current year, the sales in the territory are $13,800 (6% of $230,000) Kine's total earnings for the year wouid be: 548,800 ($35,000+$13,800) Warrenda Sputin, a sales representative, earns an annual salary of S34,500 and receives a commission on that portion of her annual gles thet e ceeds $150 0 hean amount, she receives a commission of 12%. Her total sales for the past year were $315,000. Compute the ronowing amounts Ij% t'istne trwa" a apt a. The regular annuel selary 34,500 36,250 X b. The commission c. The total annual earnings

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