Wendy Epstein, a sales representative, earns an annual salary of $32,700 and receives a commission on that portion of her annual sales that exceeds $150,000. The commission is 9.5% on all sales up to $50,000 above the quota. Beyond that amount, she receives a commission of 11.0%. Her total sales for the past year were $290,000. Compute the following amounts: a. The regular annual salary $ b. The commission $ c. The total annual earnings $

Wendy Epstein, a sales representative, earns an annual salary of $32,700 and receives a commission on that portion of her annual sales that exceeds $150,000. The commission is 9.5% on all sales up to $50,000 above the quota. Beyond that amount, she receives a commission of 11.0%. Her total sales for the past year were $290,000. Compute the following amounts: a. The regular annual salary $ b. The commission $ c. The total annual earnings $

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 1E: Determine the gross pay for each employee listed below. a. Clay Jones is paid time-and-a-half for...

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a. The regular annual salary	$
b. The commission	$
c. The total annual earnings	$

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