Question
COMMISSION EARNINGS Penny works for TSX in Ontario where she is a commissioned salesperson. TSX pays their commissioned salespeople on a straight commission of
COMMISSION EARNINGS Penny works for TSX in Ontario where she is a commissioned salesperson. TSX pays their commissioned salespeople on a straight commission of sales method at 0.85%. Penny is owed her monthly commission payment based on $475,000.00 of products sold. She did not receive an advance. Penny's TD1 federal and provincial are claim code 2. She will not reach the CPP, and Employment Insurance annual maximums this pay period. Use this information to calculate questions 8-13 Use 2021 rates. Calculate Penny's gross earnings D Answer: Calculate Penny's Canada pension plan contribution. Answer:
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started