Marjory sells computer products and earns a commission of 3.5% on sales up to and including $60,000.00
Question:
Marjory sells computer products and earns a commission of 3.5% on sales up to and including $60,000.00 and 7.0% on all sales amounts over the first $60,000.00. She is paid commissions monthly and receives a mid-month advance of $2,000.00. For this month’s pay, Marjory's sales were $85,000.00. Marjory's Claim Codes are both 1 for federal and provincial income taxes. She has month-end pay deductions for: union dues ($30), her RSP ($150), charitable donations ($20), and a staff party fund ($10).
The employer has received a garnishment order for Marjory. The order states that the company must withhold and remit the lower of either a) $150, or b) 15% of Marjory's “net taxable income, less statutory deductions”, to Alberta Justice on a pay period basis (ie: semi-monthly). Calculate Marjory's statutory deductions, FSO deductions, and net pay on both her mid-month advance and her month-end pay.
