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Question - 1. Gabriel works on a commission basis and receives 3.8% on his monthly sales for ST. Peter Life Plan without a base salary. What is his commission during a month when he sells 15 units of life plan worth P200,000 per unit?
2. Evelyn sells OHP projectors for WSS Tech Products. She is on incremental or graduated commission of 2.5% of sales up to P100.000, 3% for the next P150000 and 4% on the sales greater than P250,000. What is Evelyn's total gross pay for the last month if her sales volume was P300,000?
Using the period inventory method. How do you get the cost of goods sold and ending inventory
If the sales price changes to $ 4.00 and the owner salary changes to $ 15,000, how many units must be sold?What are the total variable costs per unit?
MACRS depreciation was $209,301 higher than book. Prepare the adjusting entry for the deferred tax
The company has more than 659 aircraft and 65,000 vehicles. Prepare journal entry for the disposal of the truck, assuming that the truck sold for $15,500 cash
Make an EXCEL worksheet, showing your work, and answers highlighted in yellow, What the Internal Rate of Return on this investment
At what sales price for the new product will the two alternatives (sell as is or process further) produce the same operating income
Assume the following facts relating to an 75% owned subsidiary company: Compute the amount reported as noncontrolling equity at the end of the year
Celine B. has $5,000 today and she invests it at 6 percent per year. Approximately how many years will it take her to have $15,000
R-Ball's total overhead costs consist of assembly costs and inspection costs. Using activity-based costing how much assembly cost is assigned to deluxe racquets
The rate of return will rise before the roll over dates & enters the repayment period. The accepted futures price is $92.50. What is the respective values
Vaughn Distribution markets CDs of the performing artist Unique. At the beginning of October, Determine the cost of goods available for sale.
Assume GST of 10%. Using the gross method, what the correct entry to be recorded in Simon's books for the payment from Lawrence
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