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Create an if statement that will check if the variable salesAmt is greater than the constant SALES_QUOTA. If true, create a block statement that will calculate salesAmt * BONUS_PERCENT and store the result in a variable named bonusPay. The block statement will then compute totalPay by adding salesAmt to bonusPay. Outside of the if structure, add a println statement that will output the totalPay value.
Budgeted Balance Sheet
A projection of a company's financial position at a future date, detailing assets, liabilities, and equity.
Production Budget
A financial plan that estimates the number of units to be produced to meet sales goals within a given period.
Raw Materials
Fundamental components or substances used at the beginning of the production process to manufacture goods.
Raw Material Costs
The total expense incurred for materials that are used in the production of goods or services.
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