2. Rona works for a company that pays him a basic monthly salary of 120 000 plus 6.5% commission on sales above P60 000 per month. If the total amount of the goods he sold was P150,000, what is his gross pay (salary plus commission) for the month?

2. Rona works for a company that pays him a basic monthly salary of 120 000 plus 6.5% commission on sales above P60 000 per month. If the total amount of the goods he sold was P150,000, what is his gross pay (salary plus commission) for the month?

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter5: Unemployment Compensation Taxes

Section: Chapter Questions

Problem 2SSQ

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Question

2. Rona works for a company that pays him a basic monthly salary of P20
000 plus 6.5% commission on sales above P60 000 per month. If the total
amount of the goods he sold was P150,000, what is his gross pay (salary
plus commission) for the month?

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