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30 September, 16:49

Renata McCarter, an outside sales representative for Alinda Publications, receives 7 percent commission on all new magazine subscriptions she sells in her sales territory. During the week of March 27, she sold $6,500 of new subscriptions and worked 40 hours.

Required:

What is her gross pay?

Is she subject to minimum wage laws?

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Answers (1)
  1. 30 September, 18:41
    0
    Gross pay - $455

    No

    Explanation:

    The computation of the gross pay is shown below:

    = New subscription sold * commission percentage

    = $6,500 * 7%

    = $455

    Since Renata McCarter is an outside sales representative so she is exempt from the minimum wage laws. Hence, not taxable.

    For computing the gross pay, we simply multiply the new subscription sold with the commission percentage so that the accurate amount can come.
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