2. The earnings from a sales representative position are called compensation. Based on the following sales compensation plan, calculate the total compensation for employees A, B, and C. Base Salary $50,000 Projected Sales $1,000,000 Commission Kicks In At $20,000 Commission Percent 20% Commission Caps At (in sales) $500,000 Employee Commission Total Compensation A B C Total Sales $18,000 $400,000 $1,000,000
2. The earnings from a sales representative position are called compensation. Based on the following sales compensation plan, calculate the total compensation for employees A, B, and C. Base Salary $50,000 Projected Sales $1,000,000 Commission Kicks In At $20,000 Commission Percent 20% Commission Caps At (in sales) $500,000 Employee Commission Total Compensation A B C Total Sales $18,000 $400,000 $1,000,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:2. The earnings from a sales representative position are called compensation. Based on the following sales
compensation plan, calculate the total compensation for employees A, B, and C.
Base Salary
$50,000
Projected Sales
$1,000,000
Commission Kicks In At
$20,000
Commission Percent
20%
Commission Caps At (in sales)
$500,000
Employee
Commission
Total Compensation
A
B
с
Total Sales
$18,000
$400,000
$1,000,000
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