Determine the regular annual salary


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 $29,000.

Compute:

a. The regular annual salary

b. The commission

c. The total annual earnings

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Determine the regular annual salary
Reference No:- TGS084532

Expected delivery within 24 Hours