page 17, question 5\n5. linda sells cosmetics.\na) why does january have no earnings at 15%?\nb) which other…

page 17, question 5\n5. linda sells cosmetics.\na) why does january have no earnings at 15%?\nb) which other month will have no earnings at 15%?\nc) complete the rows for the remaining months.\nd) total the earnings.\n\n| month | salary ($) | sales ($) | 12% commission on sales less than or equal to $5000 ($) | sales over $5000 ($) | 15% commission on sales greater than $5000 ($) | total earnings ($) |\n| ---- | ---- | ---- | ---- | ---- | ---- | ---- |\n| jan. | 1000 | 4825 | 579.00 | 0.00 | 0.00 | 1579.00 |\n| feb. | 1000 | 2765 | | | | 1688.80 |\n| mar. | 1000 | 5592 | 600.00 | 592.00 | 88.80 | 1650.85 |\n| apr. | 1000 | 5339 | 600.00 | 339.00 | 50.85 | |\n| may | 1000 | 5488 | | | | |\n| june | 1000 | 5793 | 600.00 | 504.00 | 75.60 | 1675.60 |\n| july | 1000 | 5504 | 600.00 | 206.00 | 30.90 | 1630.90 |\n| aug. | 1000 | 5206 | 600.00 | | | |\n| sept. | 1000 | 5712 | 600.00 | 683.00 | 103.45 | 1703.45 |\n| oct. | 1000 | 5683 | | | | |\n| nov. | 1000 | 5290 | | | | |\n| dec. | 1000 | 6183 | | | | |\n| total | | | | | | |
Answer
Explanation:
Step1: Understand commission - earning rules
The 15% commission is only on sales greater than $5000. If sales are $5000 or less, no 15% - commission is earned.
Step2: Answer part a
In January, sales are $4825 which is less than $5000. So, no 15% - commission is earned.
Step3: Answer part b
In February, sales are $2765 which is less than $5000. So, February will also have no earnings at 15%.
Step4: Complete part c
For March:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5592 - 5000=592$, and 15% commission on this is $592\times0.15 = 88.8$. Total earnings: $1000 + 600+88.8 = 1688.8$. For April:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5339 - 5000 = 339$, and 15% commission on this is $339\times0.15=50.85$. Total earnings: $1000 + 600 + 50.85=1650.85$. For May:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5488 - 5000 = 488$, and 15% commission on this is $488\times0.15 = 73.2$. Total earnings: $1000+600 + 73.2=1673.2$. For June:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5793 - 5000 = 793$, and 15% commission on this is $793\times0.15 = 118.95$. Total earnings: $1000+600 + 118.95=1718.95$. For July:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5504 - 5000 = 504$, and 15% commission on this is $504\times0.15 = 75.6$. Total earnings: $1000+600 + 75.6=1675.6$. For August:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5206 - 5000 = 206$, and 15% commission on this is $206\times0.15 = 30.9$. Total earnings: $1000+600 + 30.9=1630.9$. For September:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5712 - 5000 = 712$, and 15% commission on this is $712\times0.15 = 106.8$. Total earnings: $1000+600 + 106.8=1706.8$. For October:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5683 - 5000 = 683$, and 15% commission on this is $683\times0.15 = 102.45$. Total earnings: $1000+600 + 102.45=1702.45$. For November:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $5290 - 5000 = 290$, and 15% commission on this is $290\times0.15 = 43.5$. Total earnings: $1000+600 + 43.5=1643.5$. For December:
- 12% commission on first $5000: $5000\times0.12 = 600$. Sales over $5000$ is $6183 - 5000 = 1183$, and 15% commission on this is $1183\times0.15 = 177.45$. Total earnings: $1000+600 + 177.45=1777.45$.
Step5: Answer part d
Sum up all the total - earnings: $1579+1688.8+1650.85+1673.2+1718.95+1675.6+1630.9+1706.8+1702.45+1643.5+1777.45$ $=(1579)+(1688.8)+(1650.85)+(1673.2)+(1718.95)+(1675.6)+(1630.9)+(1706.8)+(1702.45)+(1643.5)+(1777.45)$ $=18747.5$
Answer:
a) Because sales in January ($4825$) are less than $5000$. b) February. c)
| Month | Salary ($) | Sales ($) | 12% Commission on Sales Less Than or Equal to $5000 ($) | Sales Over $5000 ($) | 15% Commission on Sales Greater Than $5000 ($) | Total Earnings ($) |
|---|---|---|---|---|---|---|
| Jan. | 1000 | 4825 | 579.00 | 0.00 | 0.00 | 1579.00 |
| Feb. | 1000 | 2765 | 331.80 | 0.00 | 0.00 | 1331.80 |
| Mar. | 1000 | 5592 | 600.00 | 592.00 | 88.80 | 1688.80 |
| Apr. | 1000 | 5339 | 600.00 | 339.00 | 50.85 | 1650.85 |
| May | 1000 | 5488 | 600.00 | 488.00 | 73.20 | 1673.20 |
| June | 1000 | 5793 | 600.00 | 793.00 | 118.95 | 1718.95 |
| July | 1000 | 5504 | 600.00 | 504.00 | 75.60 | 1675.60 |
| Aug. | 1000 | 5206 | 600.00 | 206.00 | 30.90 | 1630.90 |
| Sept. | 1000 | 5712 | 600.00 | 712.00 | 106.80 | 1706.80 |
| Oct. | 1000 | 5683 | 600.00 | 683.00 | 102.45 | 1702.45 |
| Nov. | 1000 | 5290 | 600.00 | 290.00 | 43.50 | 1643.50 |
| Dec. | 1000 | 6183 | 600.00 | 1183.00 | 177.45 | 1777.45 |
| d) $18747.5$ |