1.) What is strategic management? What role does strategic management play in the hospitality…
July 23, 2020
DB W 15
July 23, 2020

A (56 points) Solve each of the following business application problems involving salespeople who are

Paid partly or entirely on a commission basis. Solve the problems in order, because some of the questions are sequential. (8 points for each correct answer)

1. Pat Endicott sells memberships to an athletic club. He receives a monthly salary of $1,200 plus commission of 12% on new membership fees. What was Pat’s monthly pay for May, when he sold new memberships valued at $34,500?

2. Roberta Reavis sells commercial restaurant supplies and equipment. She is paid on a commission-only basis. She receives 2% for her sales up to $60,000. For the next $90,000 of sales, she is paid 3%, and for any sales above $150,000 she is paid 4%. How much commission would Roberta earn in a month when her sales were $175,000?

 

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A (56 points) Solve each of the following business application problems involving salespeople who was first posted on July 23, 2020 at 11:30 pm.
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