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1.4 Commission

1.4 Commission. Vocab. Commission: value earned for a sales Straight commission: all earnings come from commission (no wages) Quota: fixed amount of expected sales Graduated commission: rate of commission increases as sales increase. Straight commission.

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1.4 Commission

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  1. 1.4 Commission

  2. Vocab • Commission: value earned for a sales • Straight commission: all earnings come from commission (no wages) • Quota: fixed amount of expected sales • Graduated commission: rate of commission increases as sales increase

  3. Straight commission • (amount sold) (rate of commission) • Kenneth sells vacuums on a straight commission of $115/vacuum. He sold 23 in one week at the State Fair. What was his commission? • CYU A & B p 21

  4. Evelyn is a hair stylist and earns 52% of each procedure that she does. In one month, she earned$1287 for her salon. What did she earn for herself? • CYU C & D p 21

  5. Commission based on quota • (Amt sold-quota)(rate of commission) • Ex 3 p 22 • CYU E & F

  6. Graduated commission • Commission increases as amt sold increases • Ex 4 p 22 • CYU G & H

  7. Rate of commission • Amt of commission earned/amt sold • Ex 5 p 23 • CYU I & J

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