Julie total commission for period

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Reference no: EM131094033

Julie, a sales representative, is paid a basic salary of £315 per week.

(a) Calculate Julie's annual basic salary, based on a 365-day year. In addition, commission is paid on 4-weekly sales, according to the following table:

Sales (£) Range (£) Rate of commission
First 100,000 0 - 100,000 0.05%
Next 250,000 100,001 - 350,000 0.1%
Over 350,000 350,001 upward 0.5%

In a particular 4-week period, Period A, Julie sells £160,000 worth of goods.

She earns commission as follows:

0.05% on the first £100,000 of sales = 0.05% x £100,000

0.1% on the remaining sales of £60,000 = 0.1% x £60,000

(b) Calculate Julie's total earnings, before deductions, for Period A. In another 4-week period, Period B, Julie sells £395,000 worth of goods.

(c) Calculate:

(i) Julie's average sales per day for Period B

(ii) Julie's total commission for Period B.

Reference no: EM131094033

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