What is Pete's monthly take home pay and indicate the amount his check was under or overstated. What is his weekly traveling expenses?
Pete earns $1400 salary per month plus a 9.5% commission on sales over $1500. He had $8250 in sales last month. His traveling expense is 16% of his weekly earnings before commissions. He believes that his check for $1460.47 is in error. Monthly deductions include social security 126.56, medicare 29.60, fit 239.39, union dues 25.00, and health insurance 16.99.
15 years ago
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