Q.2, Compute the total commission for the following commission payment plan. Graduated Commission Rates 3% on sales to $25,000 5% from $25,000 to $50,000 7% on sales above $50,000 Sales $84,000 Commission

Q.2, Compute the total commission for the following commission payment plan. Graduated Commission Rates 3% on sales to $25,000 5% from $25,000 to $50,000 7% on sales above $50,000 Sales $84,000 Commission

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Q.2. Compute the total commission for the following commission payment plan.
Graduated Commission Rates
3% on sales to $25,000
5% from $25,000 to $50,000
7% on sales above $50,000
Sales
$84,000
Commission

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