Question 68 (1 point)

Adam is a commissioned salesperson who receives a monthly commission calculated as a [tex]$15 \%$[/tex] fixed percentage of sales. In addition, he receives a midmonth advance of [tex]$\$[/tex] 1,500.00[tex]$. For this month, Adam generated $[/tex]\[tex]$ 52,000.00$[/tex] in sales. Calculate the first CPP contribution on his commissions owing at month-end.

[tex]$\square$[/tex]


Question 69 (1 point)

Tahir is a commissioned salesperson who receives a monthly commission calculated as a [tex]$5 \%$[/tex] fixed percentage of sales. In addition, he receives a midmonth advance of [tex]$\$[/tex] 1,000.00[tex]$. For this month, Tahir generated $[/tex]\[tex]$ 35,000.00$[/tex] in sales. Calculate the first CPP contribution on his commissions owing at month-end.

[tex]$\square$[/tex]



Answer :

Certainly! Let's go through each question step-by-step.

### Question 68
Adam's Commission Calculation

1. Determine Adam's commission rate: Adam receives a commission which is 15% of his total sales.

2. Calculate the commission from sales: Given that Adam's sales for the month are [tex]$52,000.00, we can calculate his commission as: \[ \text{Commission from sales} = 0.15 \times 52,000.00 = 7,800.00 \] 3. Subtract the midmonth advance: Adam received a midmonth advance of $[/tex]1,500.00. The commission owing at month-end is calculated by subtracting the advance from the total commission.
[tex]\[ \text{Commission owing at month-end} = 7,800.00 - 1,500.00 = 6,300.00 \][/tex]

Thus, Adam's total commission is [tex]$7,800.00, and the commission owed at month-end is $[/tex]6,300.00.

### Question 69
Tahir's Commission Calculation

1. Determine Tahir's commission rate: Tahir receives a commission which is 5% of his total sales.

2. Calculate the commission from sales: Given that Tahir's sales for the month are [tex]$35,000.00, we can calculate his commission as: \[ \text{Commission from sales} = 0.05 \times 35,000.00 = 1,750.00 \] 3. Subtract the midmonth advance: Tahir received a midmonth advance of $[/tex]1,000.00. The commission owing at month-end is calculated by subtracting the advance from the total commission.
[tex]\[ \text{Commission owing at month-end} = 1,750.00 - 1,000.00 = 750.00 \][/tex]

Thus, Tahir's total commission is [tex]$1,750.00, and the commission owed at month-end is $[/tex]750.00.

### Summary:

- Adam's Results:
- Total Commission: [tex]$7,800.00 - Commission Owed at Month-End: $[/tex]6,300.00

- Tahir's Results:
- Total Commission: [tex]$1,750.00 - Commission Owed at Month-End: $[/tex]750.00