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Compute the regular annual salary and the commission

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Reference no: EM131800859

Problem

Wendy Epstein, a sales representative, earns an annual salary of $34,700 and receives a commission on that portion of her annual sales that exceeds $185,000. The commission is 8.0% on all sales up to $61,000 above the quota. Beyond that amount, she receives a commission of 10.0%. Her total sales for the past year were $381,000.

Compute the following amounts:

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

Reference no: EM131800859

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