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) $800.00
B) $1,250.00
C) $1,550.00
D) $1,750.00
Correct Answer:

Verified
Correct Answer:
Verified
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