Answered step by step
Verified Expert Solution
Question
1 Approved Answer
With respect to the drawing account shown in chapter 9 PowerPoint slide #10, what would the end of month payments be if the plan was
With respect to the drawing account shown in chapter 9 PowerPoint slide #10, what would the end of month payments be if the plan was nonguaranteed and monthly draw was $2,500 (instead of $3,000)? So performance and everything else is the same, except the monthly draw is decreased by $500? January end of month payment February end of month payment March end of month payment [Write in number only, no dollar sign $$ -- with or without commas (i.e., 1500 or 1,500) is fine...]
Screen Shot 2022-05-26 at 11.27.41 AM Q Search 0 % n 6 O Aav Drawing Account A "draw" is defined as a cash-advance for future commissions earned. L What commis three m In the following example of a $3,000 monthly draw, the salesperson's total compensation in this three month period is: $11,000 if the draw is nonguaranteed, or $12,500 if the draw is nong guaranteed. Gross Beginning of month payment (the draw) Commission End of month margin generated Month earned payment January $3,000 $15,000 $4,500 $1,500 February $3,000 $5,000 $1,500 $0 ("owes" $1,500) March $3,000 $20,000 $5,000 $500 (if nonguaranteed) $2,000 (if guaranteed) SALES FORCE MANAGEMENT 10:48/14:49Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started