Question
Last year, Reliable Securities established a sales achievement bonus fund of $18,000 to be distributed at the year's end among its four-person mutual fund sales
Last year, Reliable Securities established a sales achievement bonus fund of $18,000 to be distributed at the year's end among its four-person mutual fund sales force. The distribution is to be made in the same proportion as the amounts by which each person's sales exceed the basic quota of $500,000.
How much will each salesperson receive from the fund if the sales figures for the year were $918,000 for Mr. A, $763,000 for Ms. B, $468,000 for Mr. C, and $623,000 for Ms. D?(Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.)
Mr. A's bonus$Ms. B's bonus$Mr. C's bonus$Ms. D's bonus$
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