You start a new job as a manufacturing sales representative. You are paid $22 per hour plus a 16% commission on all of your sales.

How much will you earn if you work 2,400 hours and sell $300,000 worth of product this year?

Respuesta :

The total earnings will be $100,800 this year

Given: Per hour payment (PPH) = $22

Commission (R) = 16% on the total sales

Number of hours worked (W) = 2400

Total sale (A) = $300,000

How to calculate the amount of commission C for some amount  A and the commission rate R on the given amount A?  

We can  calculate it by the following formula:

Amount of commission = amount × commission rate

C = A × R

How to calculate the total payment P from a given amount of money per hour (PPH) and the total number of hours worked (W)?

We can calculate the total payment from given total number of hours by the following formula:

Total payment = Money per hour × total number of hours worked

P = PPH × W

So for the given question we need to apply the following formula:

Total money earned = Total payment + amount of commission

Total money earned = P + C

where P can be expanded as: P = PPH × W

PPH = Payment per hour

W = Total number of hours worked

C can be expanded as: C = A × R

A = Total amount (here Sales)

R = Commission rate

So the final equation can be written as:

Total money earned = (PPH × W) + (A × R)

Therefore earning this year is given as:

Total money earned = (22 * 2400) + (300000 × 16 / 100) = 100,800

Therefore, Total money earned = $100,800

Hence, the earnings for this year is $100,800

Know more about "sales and earnings" problems  here: https://brainly.com/question/15272447

#SPJ1

ACCESS MORE