A salesperson at Salim Retail Inc. earns a base salary of $1,950 per month and a commission of 6.8% on the amount of sales. If the salesperson has a paycheck of $4,470 for one month, what was the amount of sales for the month?

General Accounting

Financial Accounting

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A sale's man has a fixed salary of birr 200 a week in addition, he receives a sales commission that is 20%of his total volume of sales. State the relationship between the sales Man's total weekly salary and his sales for the week

Financial accounting problem

Lauren's gross pay for July was $3188.35 on net sales totalling S88,630. If her base salary is $1000 per month, what is her rate of commission on sales exceeding her monthly quota of $40,000? (Round your answer to 2 decimal places.) Commission rate

Betsy's Gift Baskets sells gift baskets, on average, for $125; each gift basket costs, on average, $60. Betsy pays salaries each month of $1,300 and her store rent is $1,000 per month. She also pays sales commissions of 5% of the sales price. In May, 140 gift baskets were sold. Required: a. Prepare a traditional income statement for the month of May. b. Prepare a contributio

A car salesperson had $85,460 in total monthly sales in September and $74,570 in October. The salesperson earned a total of $3,485 in commission from those sales combined. What is the salesperson's commission as a percent of the total monthly sales? Enter your answer, rounded to the nearest tenth of a percent, in the box. %

A Mikey's sells $119,500 of its accounts receivable to factors at a 1% discount. The firm’s average collection period is one month. What is the dollar cost of the factoring service? Dollar-cost of the factoring service   $_________ per month