Mary is a sales person for Challenge Furniture. She receives an incremental commission based on the table below. If she sells $26,000 and has already received a draw of $766.15, how much commission is still owed to Mary? Level Sales volume Commission Rate 1 $0–11,700 3.1% 2 $11,700–21,200 4.1% 3 Over $21,200 4.7%

Mary is a sales person for Challenge Furniture. She receives an incremental commission based on the table below. If she sells $26,000 and has already received a draw of $766.15, how much commission is still owed to Mary? Level Sales volume Commission Rate 1 $0–11,700 3.1% 2 $11,700–21,200 4.1% 3 Over $21,200 4.7%

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 1CPA: Paula has sales that qualify to be reported on the installment basis. In year 2, installment sales...

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Level	Sales volume	Commission Rate
1	$0–11,700	3.1%
2	$11,700–21,200	4.1%
3	Over $21,200	4.7%

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