Final answer:
Colton would make a commission of $464 if he sold 24 phones and 26 accessories. Option (A) is correct.
Step-by-step explanation:
There can be many variations on the profit commission formula – there is no single best or correct definition. What is best will depend on the objectives of the arrangement. General formula: X% * (P – C – E). recipient of profit commission (X% can be contingent or vary).
To calculate the total commission earned by Colton, we need to calculate the commission earned from selling phones and accessories separately and then add them together.
For selling 24 phones, Colton would earn a commission of $15 per phone, so the total commission earned from selling phones would be 24 * $15 = $360.
For selling 26 accessories, Colton would earn a commission of $4 per accessory, so the total commission earned from selling accessories would be 26 * $4 = $104.
To find the total commission earned, we add the commission from selling phones and the commission from selling accessories: $360 + $104 = $464.
Therefore, Colton would make a commission of $464 if he sells 24 phones and 26 accessories.