you try! show your work. for the following employees, determine their gross pay based on their net sales and…

you try! show your work. for the following employees, determine their gross pay based on their net sales and commission rates. 8) sandra brown $700,000 1% 9) bruce lawson $2,500 3% 10) carrie ronalds $88,000 10% 11) charles smith $950,000 8% some employees are paid a salary (set amount) plus commission on sales. in those cases, you must add the salary to the commission earned to determine gross pay. formula salary + commission (net sales x commission rate) = gross pay

you try! show your work. for the following employees, determine their gross pay based on their net sales and commission rates. 8) sandra brown $700,000 1% 9) bruce lawson $2,500 3% 10) carrie ronalds $88,000 10% 11) charles smith $950,000 8% some employees are paid a salary (set amount) plus commission on sales. in those cases, you must add the salary to the commission earned to determine gross pay. formula salary + commission (net sales x commission rate) = gross pay

Answer

Explanation:

Step1: Convert percentage to decimal for Sandra Brown

For 1% commission rate, $1%=0.01$.

Step2: Calculate Sandra Brown's gross pay

Gross pay = Net sales $\times$ Commission rate, so $700000\times0.01 = 7000$.

Step3: Convert percentage to decimal for Bruce Lawson

For 3% commission rate, $3% = 0.03$.

Step4: Calculate Bruce Lawson's gross pay

$2500\times0.03=75$.

Step5: Convert percentage to decimal for Carrie Ronalds

For 10% commission rate, $10%=0.1$.

Step6: Calculate Carrie Ronalds's gross pay

$88000\times0.1 = 8800$.

Step7: Convert percentage to decimal for Charles Smith

For 8% commission rate, $8%=0.08$.

Step8: Calculate Charles Smith's gross pay

$950000\times0.08=76000$.

Answer:

  1. $7000
  2. $75
  3. $8800
  4. $76000