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 Pamela Mello is paid on an incremental commission schedule. She is paid 2.6% on the first $60,000 and 3.4% on any sales over $60,000. If her weekly sales volume was $89,400, what was her total commission? (Points : 3)
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 You are shopping for an executive desk chair at The Furniture Gallery. You see two you like on sale. Chair A was originally $119.99 now on sale for $79.99 and Chair B was originally $149.99 now on sale for $89.99. Calculate the markdown percent of each chair to determine which is the better bargain. Is it Chair A or Chair B? (Points : 2)
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 If the markup of a fluorescent light fixture transformer is 120% based on the cost, what is the corresponding percent markup based on selling price? (Round percent to the nearest tenth.)
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 Dan Dietrich is an executive with Coronado Distributors. His gross earnings are $9,850 per month. Assume the government withholds 6.2% for Social Security and 1.45% for Medicare. What are the combined withholdings for Social Security and Medicare for Dan’s January paycheck? (Points : 3)
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 You are shopping for an executive desk chair at The Furniture Gallery. You see two you like on sale. Chair A was originally $119.99 now on sale for $79.99 and Chair B was originally $149.99 now on sale for $89.99. Calculate the markdown percent of each chair to determine which is the better bargain. Is it Chair A or Chair B?
 Universal Exporting has three warehouse employees: John Abner earns $422 per week, Anne Clark earns $510 per week, and Todd Corbin earns $695 per week. The company’s SUTA tax rate is 5.4%, and the FUTA rate is 6.2% minus the SUTA. As usual, these taxes are paid on the first $7,000 of each employee’s earnings. How much FUTA tax did the company pay on these employees in the first quarter of the year? (Points : 3)
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 Spencer Morris works in the telemarketing division for a company that pays a salary of $735 per month plus a commission of 3½% of all sales greater than $15,500. If he sold $45,900 last month, what was his total gross pay? (Points : 2)
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 Office Market is having a sale on printer paper. If you buy 2 reams for $8.99 each, you will get a third ream free. Calculate the markdown percent.
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 Mary Jo Prenaris is an office manager with gross earnings of $1,600 semimonthly. If her company switches pay schedules from semimonthly to biweekly, what are Mary Jo’s new biweekly gross earnings? (Points : 2)
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 If the markup of a fluorescent light fixture transformer is 120% based on the cost, what is the corresponding percent markup based on selling price? (Round percent to the nearest tenth.) (Points : 2)
 The temperature on a summer day is 77 degrees Fahrenheit. The formula to covert temperature to degrees Celsius is C = 5/9(F32). What is the corresponding temperature in degrees Celsius?
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