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Bob Neff, owner of an automotive dealership, pays one of his salesmen, Mike, a $1,300 draw per week plus 6% on all commission sales. Mike sold seven cars over the four-week period, totaling $186,900 for the month. Mike's commission minus the draw is:
A. $6,410
B. $6,041
C. $6,014
D. $5,200
E. None of these

Respuesta :

Nonicorp1

Answer:

Choice (D)-$6,410

Explanation:

All commission sales=$186,900

Mike's commission=6% of all commission sales

(6/100)×186,900=$11,214

Mike is also paid a weekly draw of $1300

1 month=4 weeks

Mike is paid a total draw of (1300×4)=5200 in 4 weeks

Mike's commission-Draw=(11,214-5,200)=$6,014

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