User Account

All Pages

Calculate erica commissions for may

Assignment Help Accounting Basics
Reference no: EM132793366

Problem 1: Erica is a commissioned salesperson. Her commission plan pays her 5% on the first $25,000.00 in monthly sales, 7% on monthly sales of $25,000.01 to $80,000.00 and 10% on monthly sales in excess of $80,000.00. In May she sold $125,000.00 of products. Calculate Erica's commissions for May.

Reference no: EM132793366

Questions Cloud

Calculate Helen net pay : Calculate Helen's net pay. Sally Chapel works for Adams Photography in Alberta and earns an annual salary of $53,500.00 paid on a bi-weekly basis.
Calculate simone semi-monthly taxable benefit : Calculate Simone's semi-monthly taxable benefit.Simone works for Successful Business Inc. in Québec and earns an annual salary of $30,500.00 paid
Solve the eligible portion of the retiring allowance : Fred has worked for an advertising company in British Columbia since May. Calculate the eligible portion of the retiring allowance based on Fred's service.
Calculate jean claude quebec employment insurance premium : Calculate Jean Claude's Québec Employment Insurance premium for this pay. He will not reach the annual maximum premium with this payment
Calculate erica commissions for may : $25,000.01 to $80,000.00 and 10% on monthly sales in excess of $80,000.00. In May she sold $125,000.00 of products. Calculate Erica's commissions for May.
Calculate the amount to be reported in block : $10,000.00 legislated wages in lieu of notice and $5,000.00 retiring allowance. Calculate the amount to be reported in Block 15B of the Record of Employment.
Why would carmen get audited and not joan : Who had sales of $2000 and a loss of $8000 also spent $5000 for a computer. Carmen got audited. Why would Carmen get audited and not Joan?
What is phyllis total income tax expense reported : Phyllis, Inc., earns book net income, Assuming that U.S. tax rate is 21%, what is Phyllis's total income tax expense reported on its GAAP financial statements?
What is journal entry or entries to account for the call : What is journal entry or entries to account for the call and cancellation of the bonds on April 30, 2030. Assume the interest related journal entries

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd