Quiz 1- BM

What will be the total earning if it has a total sales of 50, 000 and a commission rate of 5.8%?

• 2,900
• 6,200
• 4,500
• 3,000

What will be the total sales if it has a commission rate of 8.5% and a total earning of 30, 000?

• 352,941.18
• 40,000
• 25,000
• 20,000

What will be the commission rate if the it has total sales of 1, 300, 000 and a total earning of 75, 000?

• 8.25%
• 5.77%
• 3.5%
• 10%

What type of commission that is paid only on each transaction? Under this structure, a sales agent who fails to sell a product for a certain period of time has no take home pay.

• Salary plus Commission

• Straight Commission

• Graduated Commission

• Salary-based commission

Which of the following is not a type of commission?

• Salary plus Commission

• Straight Commission

• Graduated Commission

• Salary-based commission

Via was offered a compensation package where she gets 12% commission on the first Php 25, 000 sales and 14% for sales more than Php 25 000. Last month, her sales were a total of Php. 38, 500. How much was her income for the month?

• Php 5,800
• Php 4,890

• Php 3,500
• Php 6,700

What is the maximum working hours of an employee?

• 40 hours per week
• Regulated by labor laws
• 60 hours per week
• Unlimited hours per week

Which of the following are the two regular holidays?

• Easter and Halloween
• Labor Day and Memorial Day
• Valentine's Day and Independence Day
• Christmas and New Year's Day

What article enunciates that the normal hours of work of any employee shall not exceed eight hours a day?

• Tax code
• Labor law or employment regulations
• Traffic regulations
• Health and safety guidelines

   A wage earner regularly works 8 hours a day. He is paid Php 74.50 per hour. On a certain workday, he works for 10 hours. Calculate his overtime pay.

• Php 150.00
• Php 100.25
• Php 186.25

• Php 300.50