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A lo 5 wendy epstein a sales representative earns an annual

A LO 5. 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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Accounting Basics: A lo 5 wendy epstein a sales representative earns an annual

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