During a year, Mark’s monthly sales compensation ranged between $17,000 and $23,000 per month and units sold ranged between 1,400 and 2,200 units for those same months.
Required:
Use the high–low method to determine Mark’s monthly salary and commission rate per unit sold and then calculate the total number of units sold in a year when Mark’s total compensation amounted to $186,750. (Round your "Commission rate" to 2 decimal places.)
Monthly salary =
Commission rate = per unit
Total number of units sold =