2. Rona works for a company that pays him a basic monthly salary of 120 000 plus 6.5% commission on sales above P60 000 per month. If the total amount of the goods he sold was P150,000, what is his gross pay (salary plus commission) for the month?

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 15E
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2. Rona works for a company that pays him a basic monthly salary of P20
000 plus 6.5% commission on sales above P60 000 per month. If the total
amount of the goods he sold was P150,000, what is his gross pay (salary
plus commission) for the month?
Transcribed Image Text:2. Rona works for a company that pays him a basic monthly salary of P20 000 plus 6.5% commission on sales above P60 000 per month. If the total amount of the goods he sold was P150,000, what is his gross pay (salary plus commission) for the month?
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