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Lawrin Is a Real-Estate Salesperson Whose Compensation Is Commission-Only

Question 59

Multiple Choice

Lawrin is a real-estate salesperson whose compensation is commission-only.She earns a 3% commission on the sale price of each house that she sells and receives 1.5% commissions at the end of each month (the broker retains the rest per the employment agreement) .During the month of July,Lawrin sold two houses totaling $385,420.What is her gross pay for the month of July?


A) $5,620.00
B) $5,781.30
C) $11,562.00
D) $8,623.50

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