Independent Assessment 1 was he hat 2. A pharmaceutical sales representative received a P22,500 worth of commission which is equivalent to 4.5% of her total sales. How much was the sales? 3.Jill receives a 5% commission on the first P9,000 she sells and 6% of sales on the next P20,000. If she sold P29, 000 worth of clothes last month, what was her total pay? 4.Andrew sells watch products, he is on incremental commission schedule of 2.5% sales up to P30,000, 5% for the next P50,000 and 10% on the sales greater than P100,000. What was Andrew/s total pay for last month if his sales volume was P300,000.

Independent Assessment 1 was he hat 2. A pharmaceutical sales representative received a P22,500 worth of commission which is equivalent to 4.5% of her total sales. How much was the sales? 3.Jill receives a 5% commission on the first P9,000 she sells and 6% of sales on the next P20,000. If she sold P29, 000 worth of clothes last month, what was her total pay? 4.Andrew sells watch products, he is on incremental commission schedule of 2.5% sales up to P30,000, 5% for the next P50,000 and 10% on the sales greater than P100,000. What was Andrew/s total pay for last month if his sales volume was P300,000.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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