document.write( "Question 645252: Been out of school for a long time. Need detailed, step-by-step assistance in solving the following problem:\r
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document.write( "Base salary = $2000 per month
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document.write( "Commission paid at 8% on all sales over $7000 during the month\r
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document.write( "Based on the above info, answer question: How much must the salesperson sell in one month to earn a total of $4000 for the month?\r
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document.write( "Is this break-even analysis?
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Algebra.Com's Answer #405419 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! Been out of school for a long time. Need detailed, step-by-step assistance in solving the following problem:\r \n" ); document.write( "\n" ); document.write( "Base salary = $2000 per month \n" ); document.write( "Commission paid at 8% on all sales over $7000 during the month\r \n" ); document.write( "\n" ); document.write( "Based on the above info, answer question: How much must the salesperson sell in one month to earn a total of $4000 for the month?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Is this break-even analysis?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let the amount of sales he needs to have, in order to earn $4,000 for the month, be s\r \n" ); document.write( "\n" ); document.write( "Then:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "In order to make $4,000 then $2,000 will be base and the other $2,000 will be from commissions. This means we use the 1st equation, since he definitely will have to have a sales amount that exceeds $7,000: \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "E(s) = 2,000 + .08s, with E(s) = 4,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "We then have: \r \n" ); document.write( "\n" ); document.write( "4,000 = 2,000 + .08s\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "4,000 - 2,000 = .08s ------ Solving for s, or sales amount\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "2,000 = .08s\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "s, or amount of sales = \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "No, break-even analysis is the point at which revenues equal expenses.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Send comments and “thank-yous” to “D” at MathMadEzy@aol.com \n" ); document.write( " |