Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
Let's analyze the sales and earnings for each employee based on their commission structure for the month of February:
1. Employee \#1:
- Earnings: 4.7 thousand dollars.
- Commission structure: [tex]$2,000 + 3\%$[/tex] of all sales.
To find the sales, we set up the equation:
[tex]\[ 2000 + 0.03 \times \text{sales} = 4700 \][/tex]
Solving for sales:
[tex]\[ 0.03 \times \text{sales} = 4700 - 2000 \][/tex]
[tex]\[ 0.03 \times \text{sales} = 2700 \][/tex]
[tex]\[ \text{sales} = \frac{2700}{0.03} = 90000 \text{ dollars} \][/tex]
2. Employee \#2:
- Earnings: 4.9 thousand dollars.
- Commission structure: [tex]$7\%$[/tex] of all sales.
To find the sales, we set up the equation:
[tex]\[ 0.07 \times \text{sales} = 4900 \][/tex]
Solving for sales:
[tex]\[ \text{sales} = \frac{4900}{0.07} = 70000 \text{ dollars} \][/tex]
3. Employee \#3:
- Earnings: 4.4 thousand dollars.
- Commission structure: [tex]$5\%$[/tex] on the first \[tex]$40,000 and $[/tex]8\%[tex]$ on anything over \$[/tex]40,000.
To find the sales, we need to consider the two different commission rates.
Let's determine whether the earnings are only from the [tex]$5\%$[/tex] commission on the first \[tex]$40,000. \[ 0.05 \times 40000 = 2000 \text{ dollars} \] Since earnings exceed 2000 dollars, there must be additional sales earning the $[/tex]8\%[tex]$ commission: \[ 0.05 \times 40000 + 0.08 \times (\text{sales} - 40000) = 4400 \] Solving this equation: \[ 2000 + 0.08 \times (\text{sales} - 40000) = 4400 \] \[ 0.08 \times (\text{sales} - 40000) = 2400 \] \[ \text{sales} - 40000 = \frac{2400}{0.08} = 30000 \] \[ \text{sales} = 40000 + 30000 = 70000 \text{ dollars} \] Thus, the sales for each employee are as follows: - Employee \#1: \$[/tex]90,000
- Employee \#2: \[tex]$70,000 - Employee \#3: \$[/tex]70,000
Employee \#1 did not have the same dollar amount in sales as Employee \#2 and Employee \#3.
Therefore, the answer is:
a. Employee \#1.
1. Employee \#1:
- Earnings: 4.7 thousand dollars.
- Commission structure: [tex]$2,000 + 3\%$[/tex] of all sales.
To find the sales, we set up the equation:
[tex]\[ 2000 + 0.03 \times \text{sales} = 4700 \][/tex]
Solving for sales:
[tex]\[ 0.03 \times \text{sales} = 4700 - 2000 \][/tex]
[tex]\[ 0.03 \times \text{sales} = 2700 \][/tex]
[tex]\[ \text{sales} = \frac{2700}{0.03} = 90000 \text{ dollars} \][/tex]
2. Employee \#2:
- Earnings: 4.9 thousand dollars.
- Commission structure: [tex]$7\%$[/tex] of all sales.
To find the sales, we set up the equation:
[tex]\[ 0.07 \times \text{sales} = 4900 \][/tex]
Solving for sales:
[tex]\[ \text{sales} = \frac{4900}{0.07} = 70000 \text{ dollars} \][/tex]
3. Employee \#3:
- Earnings: 4.4 thousand dollars.
- Commission structure: [tex]$5\%$[/tex] on the first \[tex]$40,000 and $[/tex]8\%[tex]$ on anything over \$[/tex]40,000.
To find the sales, we need to consider the two different commission rates.
Let's determine whether the earnings are only from the [tex]$5\%$[/tex] commission on the first \[tex]$40,000. \[ 0.05 \times 40000 = 2000 \text{ dollars} \] Since earnings exceed 2000 dollars, there must be additional sales earning the $[/tex]8\%[tex]$ commission: \[ 0.05 \times 40000 + 0.08 \times (\text{sales} - 40000) = 4400 \] Solving this equation: \[ 2000 + 0.08 \times (\text{sales} - 40000) = 4400 \] \[ 0.08 \times (\text{sales} - 40000) = 2400 \] \[ \text{sales} - 40000 = \frac{2400}{0.08} = 30000 \] \[ \text{sales} = 40000 + 30000 = 70000 \text{ dollars} \] Thus, the sales for each employee are as follows: - Employee \#1: \$[/tex]90,000
- Employee \#2: \[tex]$70,000 - Employee \#3: \$[/tex]70,000
Employee \#1 did not have the same dollar amount in sales as Employee \#2 and Employee \#3.
Therefore, the answer is:
a. Employee \#1.
Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.