Questions: Good Manufacturing pays Eric Gray a 980 monthly salary plus a 10% commission on merchandise he sells each month. Assume Eric's sales were 84,400 for the month. Calculate his gross pay with commission and salary.
Transcript text: Good Manufacturing pays Eric Gray a $980 monthly salary plus a 10% commission on merchandise he sells each month. Assume Eric's sales were $84,400 for the month. Calculate his gross pay with commission and salary.
Solution
Solution Steps
Step 1: Calculate Eric's Monthly Salary
Eric's monthly salary is given as $980.
Step 2: Calculate Eric's Commission
Eric earns a 10% commission on his sales. His sales for the month are $84,400.
The commission is calculated as:
\[
\text{Commission} = 0.10 \times 84,400 = 8,440
\]
Step 3: Calculate Eric's Total Earnings
Eric's total earnings for the month are the sum of his salary and commission:
\[
\text{Total Earnings} = 980 + 8,440 = 9,420
\]
Final Answer
Eric's total earnings for the month are \\(\boxed{9,420}\\).