Julie, a sales representative, is paid a basic salary of £315 per week.
(a) Calculate Julie’s annual basic salary, based on a 365-day year.
In addition, commission is paid on 4-weekly sales, according to the following table:
Sales (£) Range (£) Rate of commission
First 100,000 0 – 100,000 0.05%
Next 250,000 100,001 – 350,000 0.1%
Over 350,000 350,001 upward 0.5%
In a particular 4-week period, Period A, Julie sells £160,000 worth of goods.
She earns commission as follows:
0.05% on the first £100,000 of sales = 0.05% x £100,000
0.1% on the remaining sales of £60,000 = 0.1% x £60,000
(b) Calculate Julie’s total earnings, before deductions, for Period A.
In another 4-week period, Period B, Julie sells £395,000 worth of goods.
(c) Calculate:
(i) Julie’s average sales per day for Period B
(ii) Julie’s total commission for Period B.
