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COMMISSION.pptx
- 8. 1. You have a minimum salary of Php30,000 a month and a commission rate of 3%. How much will you get if you sell items worth Php110,000? 2. Ruby is paid with a 4% commission and she was able to sell a total amount of Php180,000. How much is her commission for this?
- 9. 3. For every item that John sells, he will get a commission of 10%. He sold an item worth Php223,000. How much did he earn? 4. Lady Anne works in a commission only company. She sold items worth Php13,000 and she will get a 6% commission rate. How much did she earn?
- 11. STRAIG HT COMMIS SION is a form of compensation but with no fixed salary of the agent. It means that is only the commission of sales that agent will get from the company.
- 12. STRAIG HT COMMIS SION Example 1 Nathaniel works in company with a commission only basis. His boss gave him 3.2% commission on his total monthly sales without base salary. Fortunately, Nathaniel made a sale of Php 180, 000 for the month of July. How much will be his commission?
- 13. Example 2 Salve started a company with a commission only basis of 2.8%. One of her employees made a sale of Php132,000 worth of furniture last March. Unfortunately, the costumer who bought a dining table set worth Php28,300 returned it because of some defects. How much commission will Salve give to her employee who made that sale? STRAIG HT COMMIS SION
- 14. GRADUA TED COMMIS SION is a type of commission that the company gives to their sales agent not in once but in gradual. The commission will increase if the sale of an agent also increases. This will encourage the agent to sell more so that they can earn a big commission.
- 15. Example 1 Rolando is an agent with a commission of 3% on his first Php150,000 of sales during the month and 2.5% commission on sales above Php150,000. He happened to have a sale of Php187,000. How much will he earn? GRADUA TED COMMIS SION
- 16. Example 2 Loretta has a monthly commission of 2.6% on all her total sales. The company gives her 1% commission bonus if she reached a minimum of Php35,000, another 1% if she also exceeds the minimum of Php75,000. How much will be her total earnings if she happened to reach sales of Php98,000? GRADUA TED COMMIS SION
- 17. SALARY PLUS COMMISS ION is when an agent gets a salary on top of the commission he/she will get for every sale that he/she can make.
- 18. Example Mr. Chan is working in a company with a minimum salary wage of Php12,000 monthly. On top of his salary, he is expected to sell appliances worth Php6,000. He can get an additional 3% commission when he exceeds his expected sales. He fortunately made a sale worth Php13,700. How much will be his gross pay? SALARY PLUS COMMIS SION
- 19. is a commission not based on sales, but it is a commission based on the collection or what we call payments by buyers. Installment means that the buyers didn’t pay all at once. Commissi on on Installmen t Basis
- 20. Commissi on on Installme nt Basis Example Mr. Watson works in a cellphone shop that offers him 3% commission on every sale he can make. He made a sale worth Php80,000 that can be paid in an installment of Php10,000 per month for 8 months. How much will be his monthly commission? How much is the total commission he can get?
- 21. DOWN PAYMENT, GROSS BALANCE, CURRENT INCREASED BALANCE, AND SOLVING INTERESTS AND COMMISSIONS