Charlotte works for Bonanza Sales in Qubec where she is a commissioned salesperson. Bonanza Sales pays...

  

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Charlotte works for Bonanza Sales in Québec where she is a commissioned salesperson. Bonanza Sales pays their commissioned salespeople on a straight commission of sales method at 0.5%. Charlotte is owed her monthly commission payment based on $815,000.00 of products sold. She did not receive an advance. Charlotte's federal TD1 claim code is 2 and provincial TP-1015.3-V claim code is B. She will not reach the Québec Pension Plan, Employment Insurance or Québec Parental Insurance Plan annual maximums this pay period. Calculate the employee's net commission pay, following the order of the steps in the net pay template. Charlotte works for Bonanza Sales in Québec where she is a commissioned salesperson. Bonanza Sales pays their commissioned salespeople on a straight commission of sales method at 0.5%. Charlotte is owed her monthly commission payment based on $815,000.00 of products sold. She did not receive an advance. Charlotte's federal TD1 claim code is 2 and provincial TP-1015.3-V claim code is B. She will not reach the Québec Pension Plan, Employment Insurance or Québec Parental Insurance Plan annual maximums this pay period. Calculate the employee's net commission pay, following the order of the steps in the net pay template.

Answer rating: 100% (QA)

The employee s net commission pay is calculated as follows Given tha... View the full answer