What was his commission - manny hands is paid

Assignment Help Accounting Basics
Reference no: EM133357624

Question: Manny Hands is paid 12% commission on the first $8,000 of his monthly sales and 16% on all sales over $8,000. Last month his total sales were $32,000. What was his commission?

Reference no: EM133357624

Questions Cloud

How might an auditor effectively use preliminary analytical : How might an auditor effectively use preliminary analytical procedures in the audit of various expense accounts, such as miscellaneous expenses
What are some examples of how homeowners should mitigate : What are some examples of how homeowners should mitigate their storm-related losses? What information does the attorney, Garfinkel, recommend
Complete this invoice with sample data including customer : Complete this invoice with sample data including customer data, items and square footage of a two bedroom one bath home.
How and why does kahn disagree with the chicago school : How and why does Kahn disagree with the Chicago School approach to antitrust enforcement? How and why might Kahn's view of horizontal or vertical mergers
What was his commission - manny hands is paid : Manny Hands is paid 12% commission on the first $8,000 of his monthly sales and 16% on all sales over $8,000. Last month his total sales were $32,000. What was
Explain the impact of the charter of rights and freedom : Explain the impact of the charter of rights and freedom in the Canadian legal system. Explain whether the charter of rights and freedom to be you successfully
What are gurdeeps fixed expenses : How much are their monthly income and expenses and What are Gurdeep's fixed expenses
Difference between a traditional and roth ira : Whats the difference between a traditional and Roth IRA? The difference between tax-free and tax-deferred. Discuss the advantages of deferring income
What is the legal effect of a certificate of confidentiality : What is the legal effect of a Certificate of Confidentiality? Under what circumstances may research data be disclosed despite the existence of a Certificate

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem - Can You Be a Nowhere Adviser

Problem - Can You Be a Nowhere Adviser? Is it ethical for a tax adviser to suggest such a strategy

  Calculate the amount of share capital in the statement

Calculate the amount of share capital in the statement of financial position of Acacia Ltd as at 30 June 2019 (Show all workings.)

  Prepare a statement of cash flows

Sold equipment for $2,000. The original cost of the equipment was $133,000 and the related balance in the accumulated depreciation account totaled $119,000.

  How much is the amount expensed outright

Cost of changes during construction to make new building more energy efficient 100,000. How much is the amount expensed outright

  Prepare two-column analysis

Prepare two-column analysis that illustrates steps management might take to improve the appearance of its company's financial statements

  Determine the total impairment loss of land

Determine the total impairment loss of Land and Patent if the fair value less cost dispose of building is $350,000

  What undesirable behaviors might result from budget

Review the 2016 /2017 Annual Budget for North Tahoe Public Utility District. What undesirable BEHAVIORS might result from this organization's budget?

  How estimate quantity and type of waste household products

How sustainable is household? Estimate the quantity of waste household produces weekly and describe innovations to be more sustainable to reduce the amount

  What is the total value assigned to the new piece

The new piece of equipment is expected to have a 10 year life and a salvage value of $15,000. What is the total value assigned to the new piece of equipment

  Prepare the journal entry to record the reimbursement

The general ledger account Petty Cash has a balance of $344. Prepare the journal entry to record the reimbursement of the petty cash fund

  How is she taxed on the distribution

Lark Corporation is a calendar year taxpayer. At the beginning of the current year, Lark has accumulated E & P of $330,000. The corporation incurs a deficit in current E & P of $460,000 that accrues ratably throughout the year. On June 30, Lark di..

  Prepare journal entries for rotations june

Prepare journal entries for Rotations' June 2014 variable and fixed manufacturing overhead costs and variances; write off these variances to cost of goods sold.

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!

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