Patricia Wellington is a commission merchant. She charges different commission rates to sell different types...
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Accounting
Patricia Wellington is a commission merchant. She charges different commission rates to sell different types of merchandise. During May, she completed the following consignment sales for consignors. Find Patricias commission on each sale and the net proceeds sent to each consignor.
Gross Sales
Commission Rate
Commission
Local Delivery
Storage
Air Freight
Net Proceeds
$ 38,400
3%
$ 68
$ -
$ 183
$ 2,460
5%
$ 72
$ 75
$ -
$ 8,400
6%
$ 284
$ -
$ -
$ 14,625
4%
$ -
$ -
$ 137
$ 14,100
7%
$ 75
$ 85
$ 112
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