User Account

All Pages

How much was her total pay that month

Assignment Help Managerial Accounting
Reference no: EM132966752

Questions -

Q1. Gian works for a company that pays him 2% commission on the first P10,000 worth of sales, 4% commission on the next P20,000 worth of sales, and 6% on sales in excess of P30,000. What will be his total pay if his total sales is P45,000?

Q2. A company gives its sales agents 1% commission on the first P5,000 worth of sales. It pays another 2% commission on the next P15,000 worth of sales and 3% commission on sales excess of P20,000 What will be a sales agent's total pay if his total sales is P25,000?

Q3. A real estate sales agent was able to sell a property worth P8,000,000. If the original owner of the property promised her a commission of 3%, how much is her commission?

Q4. As a sales agent in a car company, Tiffany earns a monthly salary of P12,000 and a 2% commission on her sales. On her first month in the company, she was able to sell a car worth P900,000. How much was her total pay that month?

Reference no: EM132966752

Questions Cloud

Compute the monthly beginning of-the-period payment : William's son starts college in 11 years. Compute the monthly beginning of-the-period payment that is necessary to fund the current deficit
Prepare the consolidated statement of financial position : Prepare the Consolidated Statement of Financial Position for Petre Ltd and its subsidiary as at 31 December 2020. (Show all workings)
What is this type of forecasting approach called : What advantages and disadvantages does it have compared to a process in which a medium-term forecast is made several months before the budgets
Write the summary on the auditor report : Write the summary on the auditor's report. Your summary should include the main points of report and auditor's opinion based on auditor's report
How much was her total pay that month : On her first month in the company, she was able to sell a car worth P900,000. How much was her total pay that month
Role of regulation in our society and economy : The role of regulation in our society and economy is often debated. To some, regulations are unnecessary governmental interference and a drag on business succes
Weaknesses of product or service in marketing plan : Mcdonalds strengths and weaknesses of the product or service in the marketing plan?
What is google analytics : What is Google Analytics? Describe how companies are utilizing analytics to increase business and retain customers.
Produce a conceptual data model : Making The Grade is a nonprofit organization that helps students learn how to achieve better grades in school. The organization has 40 offices in 25 states and

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Identify which company stock you would recommend

Summary information from the financial statements of two companies competing in the same industry follows.

  Compute the sales revenue is

If sales margin is 8.5%, capital turnover is 4, and invested capital is $22,000,000, the sales revenue is?$88,000,000. $5,500,000.

  What is the net income

What is the net income, Units Sold (selling price per unit $60) 300 Salary $4,000 Cost of Goods Sold $4,500 Cost/Unit of Depreciation $10 Rent $2,000

  Prepare a production budget for the first quarter

Prepare a production budget for the first quarter. Prepare a direct materials purchases budget for the first quarter. Prepare a direct labor budget for the first quarter.

  Calculate the WACC as per book value weights

Debentures, trading at Rs 80 are redeemable after 6 years. Corporate tax rate is 40%. Calculate the WACC as per book value weights

  Prepare journal entries to record liang transactions

Prepare journal entries to record Liang's Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense

  What is the goal of the eoq model

What is the goal of the EOQ model, why does a firm hold "safety stock and what costs are a firm trying to balance when it decides on how much safety stock to hold?

  Demand for management accounting career options

Could someone give me their opinions on how to boost the demand for more management accounting career options on college grounds?

  Prepare a budgeted balance sheet as of march

Prepare a budgeted income statement for the quarter ended March 31 , 2019. Prepare a budgeted balance sheet as of March 31, 2019.

  Describe steps required to implement activity-based costing

Describe the three steps required to implement activity-based management. 12. How does activity-based management differ from activity-based costing

  Calculate the working capital amount data

Calculate the working capital amount given the following data: Be sure to properly label your answer. Show all work. Calculate the current ratio using the same

  Indicate the effect of the misstatement

Indicate the effect of the misstatement on Waterjet Bath's December 31, 2019, balance sheet and income statement for the year ended December 31, 2019

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