Len-Len is a saleslady who has a monthly salary of ₱22,500. Her total sales for the month amount to ₱65,000. How much is her GROSS INCOME for the month: a) if each product costs ₱520 and he is paid ₱46 for each product he sold? b) if she is paid 8% of sales up to ₱50,000, 12% of the next ₱30,000.00 and 15% of sales beyond ₱80,000.00?
Len-Len is a saleslady who has a monthly salary of ₱22,500. Her total sales for the month amount to ₱65,000. How much is her GROSS INCOME for the month: a) if each product costs ₱520 and he is paid ₱46 for each product he sold? b) if she is paid 8% of sales up to ₱50,000, 12% of the next ₱30,000.00 and 15% of sales beyond ₱80,000.00?
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 16E
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Len-Len is a saleslady who has a monthly salary of ₱22,500. Her total sales for the month amount to ₱65,000. How much is her GROSS INCOME for the month:
a) if each product costs ₱520 and he is paid ₱46 for each product he sold?
b) if she is paid 8% of sales up to ₱50,000, 12% of the next ₱30,000.00 and 15% of sales beyond ₱80,000.00?
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