Question

1. Jenny James is paid a weekly salary of $250 plus a 4% commission on sales. Last week her sales were $10,876. What were her earnings for the week? (2 marks)

2. Calculate the total commission paid to each salesperson. (4 marks)

Name	Total Sales	Commission			Total Commission
		5% on first $5000	7.5% on Next $25,000	13% on all Additional sales
Ross, J	$195,650
Vilia, K	$237,500

3. Mary Eisen worked 7 hours a day from Monday to Thursday at a regular pay rate of $11.25 per hour. Friday was a statuary holiday and she worked 10 hours at double her regular hourly pay. What was Mary’s gross pay for the week? (2 marks)

4. Calculate the net pay for each employee. (Overtime is at ‘time and a half’) (4 marks)

           

Emp. No.	Hours		Hourly Rate	Earnings			Deductions				Net Pay
	Reg.	O.T		Reg.	O.T.	Gross	Income Tax	E.I.	C.P.P.	Total
13	36		$9.50		-		44.25	8.72	20.90
14	40	2	$15.45				127.25	16.94	20.90

5. The following workers are paid $2.25 for a lathe-turned spindle. A quota of 200 spindles per week is set. In any given week any spindles turned in excess of 200 are paid at a rate of $3.01 per spindle. Calculate the number of spindles turned and the gross pay for each worker. (3 marks)

Name	Number of Pieces					Total Pieces	Gross Pay
	Mon.	Tues.	Wed.	Thur.	Fri
Atkins, J	40	38	39	40	41
Degrande, M	40	41	47	48	46

please show the solution...

Answer 1

1) Jenny James:

Fixed Weekly salary = $ 250

Commission = 4% of sales = 4/100*10876 = $435.04

Total earnings for the week = Fixed salary + commission = 250 + 435.04 = $ 685.04

2) Commission paid to each salesperson:

a) Ross J

Sales = $1,95,650

Total commission of Ross J = (5% of 5000) + (7.5% of 25,000) + (13% of 1,65,650) = $23,659.5

b) Vilia K

Sales = $ 2,37,500

Total commission of Ross J = (5% of 5000) + (7.5% of 25,000) + (13% of 2,07,500) = $29,100

3) Mary Eisen

Mary's total pay from Monday to Thursday = 4 * 7 * 11.25 = $315

Mary's total pay from Monday to Thursday = 10 * 2 * 11.25 = $225

Mary's gross pay for the week = 315 + 225 = $ 540

4) Table alignment is not clear

5) No. of spindles turned and gross pay for each worker

a) Mon Atkins

Total spindles turned for the week = 40+38+39+40+41 = 198

Gross Pay = 198 * 2.25 = $445.5

b) Degrande M

Total spindles turned for the week = 40+41+47+48+46 = 222

Gross Pay = (200 * 2.25) + (22*3.01) = $516.22