Multiple Choice
Alex is a salesperson who receives an annual salary of $18,000 paid semimonthly plus commissions of 5% of the retail price of each unit he sells which is paid on the final pay date of the month. During his first month of employment, he sold four units for a total of $1,000 and requested a
5% draw against his $15,000 monthly minimum sales, in accordance with his employment agreement. How much should Alex receive in his
Gross pay for the end of his first month?
A) $1,750.
B) $1,250.
C) $800.
D) $1,550.
Correct Answer:

Verified
Correct Answer:
Verified
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