(Answered) Daniel is paid 1250 per hour and receives commission on net

Accounting

Daniel is paid $12.50 per hour and receives commission on net sales. He does not receive commission until his net sales exceed $150,000. Once the minimum sales volume is reached, he receives 5% commission on all of his sales at Carl's Canopies. This week he sold $167,000 of canopies, however, he had $2,400 of returns from last week's sales. Assume 40 working hours in a week. Company policy requires he return commissions on sale returns. What is his gross pay for the week?

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