During a year, Mark's monthly sales compensation ranged between $20,500 and $27.900 per month and...
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Accounting
During a year, Mark's monthly sales compensation ranged between $20,500 and $27.900 per month and units sold ranged between 1100 and 1,900 units for those same months. Required: Use the high-low method to determine Mark's monthly salary and commission rate per unit sold and then calculate the total number of units sold in a year when Mark's total compensation amounted to $290,400. (Round your "Commission rate" to 2 decimal places.) Monthly salary Commission rate Total number of units sold per unit
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