Grainne is an inside salesperson who earns an annual salary of $32,800 (paid biweekly) plus a commission on quarterly sales that is paid on the first pay date on the next quarter. She receives a 1% commission for quarterly sales totaling $0 to $25,000, a 2% commission for quarterly sales totaling between $25,001 and $50,000, and a 3% commission for quarterly sales totaling over $50,001. During the second quarter, Grainne's quarterly sales totaled $46,750. What is her gross pay for the first pay period in July? (Do not round interim calculations. Round final answer to 2 decimal places.)
A) $1,729.04
B) $2,301.67
C) $2,196.54
D) $2,664.04

Question

Quizplus · Accepted Answer

Grainne's biweekly salary is $32,800 / 26 = $1,261.54. Her commission for $46,750 in sales is 2% of $46,750, which is $935.00. Her gross pay is $1,261.54 + $935.00 = $2,196.54.

Grainne Is an Inside Salesperson Who Earns an Annual Salary