Jeremy Ortiz is an employee of Insulator Flooring, where his job responsibilities include selling service contracts to customers. Jeremy is single with two withholding allowances. He receives an annual salary of $36,000 and receives a 3 percent commission on all sales. During the semimonthly pay period ending September 29, 20XX, Jeremy sold $12,500 of service contracts. Complete the payroll register for the September 29 pay period.
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kaancceylan kaancceylan · Answer 1 · 2020-02-24T12:10:57+01:00

Answer:

The answer is $6,375.

Explanation:

According to the information given in the question, we can calculate Jeremy Ortiz's commission for the period up until the 29th of September.

He receives an annual salary of $36,000 which means it is $3,000 per month.

It is stated that the pay period is semimonthly and we can calculate that his 3% commision from the sales of $12,500 is $375.

So at the end of the pay period on 29th of September, he should be paid $6,375.

I hope this answer helps.