1:Samuel Worthy earns both $8.10/hour and a 14% commission on all sales. During the most recent...

1:Samuel Worthy earns both $8.10/hour and a 14% commission on all sales. During the most recent week, he worked 41 hours and made total sales of $12,000.

Gross Pay = $

2:Charlotte Denning earns both $13/hour and $26 for every sale she completes. During the most recent week, she worked 47 hours and made a total of 71 sales.

Gross Pay = $

3:James Finch earns both $11.50/hour and a 11% commission on all sales. During the most recent week, he worked 44 hours and made total sales of $7,100.

Gross Pay = $

4:Keri Weinberg earns both $9/hour, $13 for every sale of Product A, and $17 for every sale of Product B. During the most recent week, she worked 48 hours and sold 34 units of Product A and 39 units of Product B.

Gross Pay = $

5:Tom Wilson earns both $16.10/hour and a 16% commission on all sales. During the most recent week, he worked 46 hours and made total sales of $14,500.

Gross Pay = $

For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

Expert Solution

Solution:

1.	Samuel Worthy's Gross Pay = $2,012.10

Working Notes:

	Hourly wages	$332.10
	[$8.10 per hour x 41 hours ]

	Commission on sales	$1,680.00
	[$12,000 x 14% ]

	Samuel Worthy's Gross Pay = $	$2,012.10


2.	Charlotte Denning's Gross Pay = $2,457.00

Working Notes:

	Hourly wages	$611.00
	[$13 per hour x 47 hours ]

	Commission on sales	$1,846.00
	[$26 per sale x 71 sales ]

	Charlotte Denning's Gross Pay = $	$2,457.00

3.	James Finch's Gross Pay = $1,287

Working Notes:

	Hourly wages	$506.00
	[$11.50 per hour x 44 hours ]

	Commission on sales	$781.00
	[11% x $7,100 ]

	James Finch's Gross Pay = $	$1,287.00


4.	Keri Weinberg's Gross Pay = $1,537

Working Notes:

	Hourly wages	$432.00
	[$9 per hour x 48 hours ]

	Commission on sales
	Product A	$442.00
	[$13 per sale x 34 units sales ]

	Product B	663
	[$17 per sale x 39 units sales ]

	Keri Weinberg's Gross Pay = $	$1,537.00

5.	Tom Wilson's Gross Pay = $3,060.60

Working Notes:

	Hourly wages	$740.60
	[$16.10 per hour x 46 hours ]

	Commission on sales	$2,320.00
	[$14,500 x 16% ]

	Tom Wilson's Gross Pay = $	$3,060.60


Please feel free to ask if anything about above solution in comment section of the question.

ekkarill92 answered 2 years ago

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