Question

Recognition Optics pays Kevin Lopez a 2340 monthly salary plus a 13% commission on merchandise he sells each month. Assume Kevin's sales were 23,800 for last month. Calculate the following amounts: 1. Amount of Commission: 2. Gross Pay:.

Answer 1

The amount of commission Kevin earns is $3,094, and his gross pay for the month, including his salary and commission, is $5,434.

Step-by-step explanation:

To calculate the amount of commission that Kevin Lopez earns, you need to apply the commission rate to his total sales. Kevin's commission is 13% of his monthly sales. So, we calculate 13% of $23,800.

Amount of Commission = 0.13 × $23,800 = $3,094

To calculate the Gross Pay, you add the monthly salary to the commission. Kevin's monthly salary is $2,340, so:

Gross Pay = Monthly Salary + Amount of Commission
= $2,340 + $3,094

= $5,434