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16.12.2022 11:05
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Mark receives $400 per week for salary as a sales associate. His quota is $2750

Mark receives $400 per week for salary as a sales associate. His quota is $2750 and his commission is 10%. This week, Mark sold $29,000 in merchandise, $1800 of which was returned. calculate his gross pay.
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tburlew01
tburlew01
4,5(59 marks)

$3,120

Explanation:

A sales quota is the minimum volume a salesperson is expected to move to earn commissions.

Mark's quota is $2750

In the week, mark sold $29,000, but $1,800 was returned. The net sales were: $29,000 - $ 1,800 = $27,200

Mark is a 10% commission. The commissions  will be 10% of net sales

=10/100 x $27,200

=0.1 x $27,200

=$2,720

gross pay will be weekly earnings plus commissions

=$400 +$2,720

=$3,120

KF16
KF16
4,6(24 marks)

A

Explanation:

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