On sales of $4290 the person earns commission of 2.5% = 4290 x 2.5/100 = $107.25
Total gross pay for the month = 300 + 107.25 = $407.25
575 dollars
2700 X .20 = 540 gross
2392.50 commission: 3.5% of 5500 = 3.5/100 × 5500 = 192.50 → gross pay = monthly_salary + commission = 2200.00 + 192.50 = 2392.50
2486.57
29913
japan
The commission can be based on a straight percentage of sales or on a percentage of the gross sales margin, according to RepHunter. For most commonly manufactured products, a manufacturer's agent's commission ranges between 7 and 15 percent, as of 2010, RepHunter reported. A commission based on a percentage of the gross sales margin is calculated by subtracting the direct expenses from sales. The standard range for a commission based on a percentage of the gross sales margin is between 20 and 40 percent. Service-based products command higher commissions, upwards of 50 percent of the gross sales margin, according to RepHunter. Krish http://www.easy-commission.com ( The Fast, Accurate and Time Saving Calculator of Sales Commissions )
29,913 6% of 2500 is 150
33,586.80
All gross worldwide income is reported on your 1040 income tax return and subject to income tax at your marginal tax rate. Does the issuer of the commission checks withhold any amount from the gross commission before the NET commission take home paycheck is issued to you. Are is the commission check made out for the gross amount of the commission and how will this commission amount be reported to you and the IRS at the end of the year. Will the amount be included on your W-2 form in the box 1 Gross wages, salaries, tips, etc. Or will you and the IRS be receiving a 1099-MISC for the gross commission amount.
$45,763.50 4.5% commission on $900.00 = 0.045 x 900 = $40.50 William receives his commission of $40.50 PLUS his base pay of $45,723.00. = $40.50 + $45,723.00 = $45,763.50
1407.25 BECAUSE 2.5% commission on $4290.00 sales = 0.025 x $4290.00 = $107.25 Giving $107.25 commission PLUS $1300.00 salary = $107.25 + $1300.00 = $1407.25