7. which method of pay\na) encourages workers to work faster? (1 mark)\nb) is usually associated with sales…

7. which method of pay\na) encourages workers to work faster? (1 mark)\nb) is usually associated with sales? (1 mark)\nc) is usually associated with working shifts? (1 mark)\n8. jack and jill are both salespeople at a car dealership. they are each paid a salary of $900 per month plus 1.2% commission on the first $200 000 in sales and 1.6% commission on sales over $200 000. calculate the amount that each would earn for the month shown in the chart below (10 marks) show calculations.\n| name | monthly salary ($) | monthly sales ($) | 1.2% commission on sales $200 000 or less | amount of sales over $200 000 | 1.6% commission on sales over $200 000 | total monthly earnings |\n| ---- | ---- | ---- | ---- | ---- | ---- | ---- |\n| jill | | $245 000 | | | | |\n| jack | | $195 000 | | | | |

7. which method of pay\na) encourages workers to work faster? (1 mark)\nb) is usually associated with sales? (1 mark)\nc) is usually associated with working shifts? (1 mark)\n8. jack and jill are both salespeople at a car dealership. they are each paid a salary of $900 per month plus 1.2% commission on the first $200 000 in sales and 1.6% commission on sales over $200 000. calculate the amount that each would earn for the month shown in the chart below (10 marks) show calculations.\n| name | monthly salary ($) | monthly sales ($) | 1.2% commission on sales $200 000 or less | amount of sales over $200 000 | 1.6% commission on sales over $200 000 | total monthly earnings |\n| ---- | ---- | ---- | ---- | ---- | ---- | ---- |\n| jill | | $245 000 | | | | |\n| jack | | $195 000 | | | | |

Answer

Explanation:

Step1: Answer question 7 - part a

Piece - rate pay encourages faster work as workers are paid per unit of output.

Step2: Answer question 7 - part b

Commission is usually associated with sales, as it is a percentage of sales revenue.

Step3: Answer question 7 - part c

Hourly wage is usually associated with working shifts, as workers are paid for the number of hours they work.

Step4: Calculate Jill's earnings

Monthly salary is $900. Commission on first $200000 of sales: $200000\times0.012 = 2400$. Sales over $200000: $245000 - 200000=45000$. Commission on sales over $200000: $45000\times0.016 = 720$. Total earnings: $900 + 2400+720=4020$.

Step5: Calculate Jack's earnings

Monthly salary is $900. Since Jack's sales ($195000$) are less than $200000$, commission is $195000\times0.012 = 2340$. Total earnings: $900 + 2340=3240$.

Answer:

a) Piece - rate pay b) Commission c) Hourly wage 8.

Name Monthly salary ($) Monthly sales ($) 1.2% commission on sales $200000$ or less Amount of sales over $200000$ 1.6% commission on sales over $200000$ Total monthly earnings
Jill 900 245000 2400 45000 720 4020
Jack 900 195000 2340 0 0 3240