7. which method of pay\n a) encourages workers to work faster? (1 mark)\n piece - rate pay\n b) is usually…

7. which method of pay\n a) encourages workers to work faster? (1 mark)\n piece - rate pay\n b) is usually associated with sales? (1 mark)\n commission\n c) is usually associated with working shifts? (1 mark)\n hourly wage\n8. jack and jill are both salespeople at a car dealership. they are each paid a salary of $900\nper month plus 1.2% commission on the first $200 000 in sales and 1.6% commission on\nsales over $200 000. calculate the amount that each would earn for the month shown in\nthe chart below (10 marks) show calculations.\n| name | monthly\nsalary ($) | monthly\nsales ($) | 1.2% commission on\nsales $200 000 or less | amount of sales\nover $200 000 | 1.6% commission on\nsales over\n$200 000 | total monthly\nearnings |\n| jill | 900 | $245 000 | $200000 ×\n0.012\n=2400 | $45000 | $45000×\n0.016\n=720 | $900 + 2400\n+ 720\n=4020 |\n| jack | 900 | $195 000 | $195000×\n0.012\n=$2340 | | | $900+2340\n=$3240 |

7. which method of pay\n a) encourages workers to work faster? (1 mark)\n piece - rate pay\n b) is usually associated with sales? (1 mark)\n commission\n c) is usually associated with working shifts? (1 mark)\n hourly wage\n8. jack and jill are both salespeople at a car dealership. they are each paid a salary of $900\nper month plus 1.2% commission on the first $200 000 in sales and 1.6% commission on\nsales over $200 000. calculate the amount that each would earn for the month shown in\nthe chart below (10 marks) show calculations.\n| name | monthly\nsalary ($) | monthly\nsales ($) | 1.2% commission on\nsales $200 000 or less | amount of sales\nover $200 000 | 1.6% commission on\nsales over\n$200 000 | total monthly\nearnings |\n| jill | 900 | $245 000 | $200000 ×\n0.012\n=2400 | $45000 | $45000×\n0.016\n=720 | $900 + 2400\n+ 720\n=4020 |\n| jack | 900 | $195 000 | $195000×\n0.012\n=$2340 | | | $900+2340\n=$3240 |

Answer

Explanation:

Step1: Calculate Jill's commission on first - $200000$

The first - $200000$ in sales has a $1.2%$ commission rate. So the commission on the first $200000$ for Jill is $200000\times0.012 = 2400$.

Step2: Calculate Jill's sales over $200000$

Jill's total sales are $245000$. Sales over $200000$ is $245000 - 200000=45000$.

Step3: Calculate Jill's commission on sales over $200000$

The commission rate on sales over $200000$ is $1.6%$. So the commission on the amount over $200000$ for Jill is $45000\times0.016 = 720$.

Step4: Calculate Jill's total monthly earnings

Jill's monthly salary is $900$. Her total monthly earnings are $900+2400 + 720=4020$.

Step5: Calculate Jack's commission

Jack's sales are $195000$ which is less than $200000$. His commission is $195000\times0.012 = 2340$.

Step6: Calculate Jack's total monthly earnings

Jack's monthly salary is $900$. His total monthly earnings are $900+2340 = 3240$.

Answer:

Jill's earnings: $4020$ Jack's earnings: $3240$