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Fay Corp pays their salesperson a fixed salary and commissions on net sales. Sales commissions are paid on the same month of the sale. Data
Fay Corp pays their salesperson a fixed salary and commissions on net sales. Sales commissions are paid on the same month of the sale. Data are as follows: Sales Person Commission rate 4% Fixed Salary 10,000 14,000 18,000 Net Sales 200,000 400,000 600,000 B 16% C 6% How much is the salary expense? 74,000 0 42.000 50,000 110,000
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