Question 14 • 2027 Ignite Financial Literacy-Personal Finance - EL3403
For December, the salary-plus-commission employee earned $4,400, so $2,000 + 0.03S = $4,400 gives sales of $80,000. The straight-commission employee’s $5,600 earnings give 0.07S = $5,600, also $80,000. For the graduated plan, $5,200 = $2,000 on the first $40,000 plus 8% of sales above $40,000, which gives total sales of $80,000. They each had the same dollar amount in sales.
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