Terry, a single employee with two dependents under the age of is paid $ per hour and receives a commission on net sales for a company in Russelville, Oklahoma. No commission is received until net sales exceed $ Once the minimum net sales are reached, the percent commission on sales applies. During the week of January there were $ of sales; however, there were $ of returns from the prior weeks sales. Company policy requires that commissions on sales returns are deducted from the employees pay, regardless of current commission earnings.
Required:
Compute Terrys gross pay for the hour weekly pay period.
Note: Negative amounts should be indicated by a minus sign.Terry, a single employee with two dependents under the age of is paid $ per hour and receives a commission on net sales for
a company in Russelville, Oklahoma. No commission is received until net sales exceed $ Once the minimum net sales are
reached, the percent commission on sales applies. During the week of January there were $ of sales; however, there
were $ of returns from the prior week's sales. Company policy requires that commissions on sales returns are deducted from the
employee's pay, regardless of current commission earnings.
Required:
Compute Terry's gross pay for the hour weekly pay period.
Note: Negative amounts should be indicated by a minus sign.