Wendy Epstein, a sales representative, earns an annual salary of $29,500 and receives a commission on that

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Wendy Epstein, a sales representative, earns an annual salary of $29,500 and receives a commission on that portion of her annual sales that exceeds $150,000. The commission is 8.5% on all sales up to $50,000 above the quota. Beyond that amount, she receives a commission of 10%. Her total sales for the past year were $295,000. Compute:

a. The regular annual salary................ $________

b. The commission .............................. _________

c. The total annual earnings................ $________

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Payroll Accounting 2016

ISBN: 978-1337072649

26th edition

Authors: Bernard J. Bieg, Judith Toland

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