575 dollars
462.50 commission. 5% x 9250.00=462.50
That is a very open ended and very deep question. The reason I say that is because most people take a percentage of the sale and call that commission. Sales of $10,000 commission times 10% = $1000.00 commission. Nothing could be further from the truth. That is commission of gross sales..How about commission from net sales...How about a performance based commission. There are so many ways to devise a comp plan. Just make sure you know what you are actually paying in commission.
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Sales - Cost of Sales Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales.
Gross Margin = (Gross Profit/Sales)*100 Gross Profit = Revenue - Cost of Sales Net Profit = Revenue - Expenses Or in words, the Gross Margin is an expression of the Gross Profit as a percentage of Sales, where the Gross Profit is Sales minus the Cost of Sales. The Net Profit, on the other hand, is Revenue minus ALL Expenses (including cost of sales).
On sales of $4290 the person earns commission of 2.5% = 4290 x 2.5/100 = $107.25 Total gross pay for the month = 300 + 107.25 = $407.25
2486.57
29913
2700 X .20 = 540 gross
The commission can be based on a straight percentage of sales or on a percentage of the gross sales margin, according to RepHunter. For most commonly manufactured products, a manufacturer's agent's commission ranges between 7 and 15 percent, as of 2010, RepHunter reported. A commission based on a percentage of the gross sales margin is calculated by subtracting the direct expenses from sales. The standard range for a commission based on a percentage of the gross sales margin is between 20 and 40 percent. Service-based products command higher commissions, upwards of 50 percent of the gross sales margin, according to RepHunter. Krish http://www.easy-commission.com ( The Fast, Accurate and Time Saving Calculator of Sales Commissions )
I get paid 75 dollars today Plus 5 percent commission on sales
This question is unanswerable. The term commission indicates that the person is paid a percentage of the sales price. The commission they earn each week/month/year, in dollars, will depend on two things - (i) the level at which commission is calculated and (ii) the total sales they have made.
2392.50 commission: 3.5% of 5500 = 3.5/100 × 5500 = 192.50 → gross pay = monthly_salary + commission = 2200.00 + 192.50 = 2392.50
575
29,913 6% of 2500 is 150
33,586.80
Commission rate