Instruction 2-2 Carry Each Hourly Rate and Each Overtime Rate to 3

question 93

Essay

Instruction 2-2
Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places . 
Refer to Instruction 2-2. Ronald Dowd receives an annual base salary of $87,500 as a salesman in the Southern region, which has an annual sales quota of $450,000. For all sales over this quota, Dowd receives a commission of 4.5 percent. For the current year, sales in the Southern region total $698,000. The amount of salary and commissions due to Dowd is _____.

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Definitions:

Wagner Act

Also known as the National Labor Relations Act of 1935, a foundational U.S. law that established the rights of employees to engage in collective bargaining and union activities.

Supervisor's Actions

Behaviors and decisions taken by a supervisor or manager in the workplace, affecting the working conditions and employee morale.

Exclusive Representation

Legal authorization for a single labor union to represent all employees in a workplace or bargaining unit in negotiations with the employer, regardless of whether all employees are union members.

Wagner Act

U.S. legislation passed in 1935 that established the legal right for workers to join unions and engage in collective bargaining.