Question

julie brody is a trainee insurance salesperson. she is paid a base salary of $549 a week, a commission of 0.7% on sales above $15,000 up to $25,000, and a commission of 1.2% on sales in excess of $25,000. julie had sales of $21,750 in the week of 5/12.

what were julies gross earnings for the week of 5/12?
$square$ (type an integer or a decimal. round to the nearest cent as needed.)

Explanation:

Step1: Identify sales for commission

Julie's sales are $21,750. The commission - eligible sales above $15,000 is $21,750 - $15,000=$6,750.

Step2: Calculate commission

The commission rate for this range is 0.7% or 0.007. So commission is $6,750\times0.007 = 47.25$.

Step3: Calculate gross earnings

Gross earnings is base salary plus commission. Base salary is $549. So gross earnings is $549 + 47.25=596.25$.

Answer:

596.25