90.2K

Verified Solution

Link Copied!

You are the manager of a department store in Tokyo. Sales are subject to month-to-month variations, depending on the individual salesclerk's efforts and other factors. A new salary-plus-bonus plan has been in effect for 4 months, and you are reviewing a sales performance report. The plan provides for a base salary of

35,000

per month, a

65,000

bonus each month if the salesclerk meets the monthly sales quota, and an additional commission of

3%

of all sales over the monthly quota. Each month, the quota is reset at approximately

1%

above the previous month's sales to motivate clerks to continually increase sales. The monthly quotas and actual amounts for the first 4 months of the plan are shown in the sales report below (in thousands).

LOADING...

(Click

the icon to view the sales report.)

Read the

requirements

LOADING...

.

Question content area bottom

Part 1

Requirement 1. Compute the compensation for each salesclerk for each month.

Begin with the month of

January,

then complete the table for each of the following months. (Enter your answers in full yen, , amounts. Do not round to thousands.)

	Clerk
	A	B	C
January

Help me solve thisVideoGet more help

Clear all

Check answer

pop-up content starts

Requirements

1.	Compute the compensation for each salesclerk for each month.
2.	Evaluate the compensation plan. Be specific. What changes would you recommend?

Answer & Explanation Solved by verified expert

See Answer