Question

Goode manufacturing pays Sam young a $2440 monthly salary plus a 6% commission on merchandise he sells each month. Assume sam's sales were $57,000 for last month.

Answer 1

1. Amount of Commission >>>

The commission is 6% of all sales.

Given,

Sales = $57,000

We will calculate 6% of 57,000. Shown below:

$\begin{gathered} 0.06\times57000 \\ =\ 3420 \end{gathered}$

Answer: $3420

2. Gross Pay >>>

The gross pay is monthly salary plus commissions.

Given,

Monthly Salary = $2440

Commision Pay = $3420

Thus,

Gross Pay = $2440 + $3420 = $5820

Answer: $5820