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21 May, 11:15

Bruce is a salaried nonexempt employee who earns $42,500 annually, paid semimonthly, plus a 0.25% commission on all regional sales, paid monthly on the first pay date of the following month. During the month of May, the regional sales were $103,500. What was his gross pay for the first half of June?

(Do not round intermediate calculations. Round final answer to 2 decimal places.) A. $2,029.58B. $1,770.83C. $1,634.62D. $1,893.37

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  1. 21 May, 11:41
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    A. $2,029.58

    Explanation:

    The computation of the gross pay for the first half of June is shown below:

    = Regional sales * commission percentage + earning * number of months : total number of months in a year

    = $103,500 * 0.25% + $42,500 : 12 months * 2 months

    = $258.75 + $1,770.83

    = $2,029.58

    Since it is given that semi monthly, so we take 24 months.
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Home » Business » Bruce is a salaried nonexempt employee who earns $42,500 annually, paid semimonthly, plus a 0.25% commission on all regional sales, paid monthly on the first pay date of the following month. During the month of May, the regional sales were $103,500.
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