Question

Jill Connor is employed as a salesperson in the men's department of Fashion Line. In addition to her weekly base salary of $324, Connor is paid a commission of 1% on her total net sales for the week (total gross sales less any customer returns). During the past week, to promote the sale of its fine cashmere sweaters, Fashion Line agreed to pay Connor an additional PM (push money) of 2% of the total net sales of cashmere sweaters. Connor's weekly sales tally is given below. Item Gross Sales Customer Returns Regular sweaters $407 $43 Cashmere sweaters 1007 79 Ties 206 0 Dress shirts 441 43 Sports shirts 180 29 Compute Connor's total weekly earnings, showing her (a) weekly base salary, (b) commission, (c) PM, and (d) total weekly earnings. Round your intermediate and final answers to the nearest cent. a. Weekly base salary: $ Weekly gross sales $ Less customer returns Weekly net sales $ b. Commission: $ × 1% Weekly gross sales of cashmere sweaters $ Less customer returns Weekly net sales of cashmere sweaters $ c. Push money (PM): $ × 2% d. Total weekly earnings $

Answer 1

a)Base salary : $324

b)Total gross sales :407+1007+206+441+180= 2241

Total customer returns :43+79+0+43+29= 194

Net sales = 2241-194= 2047

commission : 2047*1% = $ 20.47

c)Net sales of cashmere sweaters = 1007-79 = 928

push money : 928*2% = $ 18.56

d) Total weekly earnings = Gross salary +commission+push money

           = 324+20.47+18.56

            = $ 363.03