During a typical year, Mark’s monthly sales compensation has ranged between $20,000 and $27,200 per month and units sold ranged between 1,000 and 1,800 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 $289,500.
Note: Round your "Commission rate" to 2 decimal places.