Answer:
Each unit cost $800
Step-by-step explanation:
Annual compensation = $48,000
Annual number of units sold = 2000
Commission on each item sold = 3%
Compensation for 2000 units = $48,000
Compensation for 1 unit = $48,000/2000 = $24
Cost of one unit = compensation for one unit ÷ commission on one unit = $24 ÷ 3% = $24 ÷ 0.03 = $800
Answer:
9 1/6
Step-by-step explanation:
multiplication of fractions
your 5 = 5/1
hence it will be 5/1 x 11/6 = 55/6
55 divided by 6 will be equal to 9 with one remainder
so your answer will be 9 1/6