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Question - A sales agent receives PhP12,000 a month corresponding to a sales of PhP 30,000 worth of goods. Furthermore, he receives an additional 6% commission for all sales beyond his monthly quota but not greater than PhP 50,000. An additional 3% commission is for sales beyond PhP 50,000. If his sales is PhP 70,000 for the month, how much is his salary for the month?
When is it permissible to use estimated amounts in the preparation of tax returns?Fire or computer failure has destroyed the records.
A food company is concerned about recent criticism of the sugar content of their children's cereals. The data show the sugar content (as a percentage of weight) of several national brands of children's and
In the month of November, How much is the cost assigned to the units in the ending work in process inventory on November 30
What should the auditor have done to close the loop on the deficiencies that you identified
The beginning balance of unused supplies, At the end of the period, the actual unused supplies is P200. The supplies expense to be reported for the period is
Pierpont Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Determine the predetermined shop overhead rate
Prepare entries in journal form to record the admission of Henry to the partnership under the ccnditions
during march the production department of a process manufacturing system completed a number of units of a product and
Atwich Corporation uses the weighted-average method in its process costing system. What are the equivalent units for conversion costs
Determine a transfer price based on variable product cost. Determine a transfer price based on total variable product cost plus markup
Compute the contribution margin per unit, in dollars and in percentage and the breakeven level of sales?
Calculate the dollar sales needed to attain a target pro?t of $8,000. (Round your intermediate calculations to the nearest whole number.)
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