3. Dabney Washington is palu u $7,500 or less and 5.5% on sales in excess 8l the week? or less and 3.0% on sales in excess of $75,000. One week Nate's Lesson Practice Use the following commission schedule to find the total graduated commission in Problems 5-8. 5% on First 8% on Next 10% on sales Total Sales Amount $5,000 $10,000 Over $15,000 Commission 5. $4,000 а. b. С. d. 6. 8,000 b. d. а. 7. 18,000 b. а. d. 8. 27,500 b. a. d. commission was was the total of his sales for week? Dabney's the of her for 4. Nate a of on of or

3. Dabney Washington is palu u $7,500 or less and 5.5% on sales in excess 8l the week? or less and 3.0% on sales in excess of $75,000. One week Nate's Lesson Practice Use the following commission schedule to find the total graduated commission in Problems 5-8. 5% on First 8% on Next 10% on sales Total Sales Amount $5,000 $10,000 Over $15,000 Commission 5. $4,000 а. b. С. d. 6. 8,000 b. d. а. 7. 18,000 b. а. d. 8. 27,500 b. a. d. commission was was the total of his sales for week? Dabney's the of her for 4. Nate a of on of or

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Similar questions

Prepare a schedule of 15 The owner of a small mining supply company has requested a cash budget é After examining the records or the company, you find the following: ch Budget ust. a. Cash balance on June 1 is $345. b. Actual sales for April and May are requires develope Overh prod April Мay Cash sales Credit sales Mai $ 10,000 25,000 $35,000 Pov $15,000 25,000 Inc Re Total sales $40,000 c. Credit sales are collected over a three-month period: 50 percent in the month of sale, 30 percent in the second month, and 15 percent in the third month. The sales collected in the third month are subject to a 1.5 percent late fee, but only half of the affected customers pay the late fee, and the owner does not think it ie worth his while to try to collect from the other half. The remaining sales are Requ 1. L 2. uncollectible. d. Inventory purchases average 60 percent of a month's total sales. Of those pur- chases, 40 percent are paid for in the month of purchase. The remaining 60 per- cent are…
Ron Company has the following commission schedule: Commission rate Sales 2% Up to $80, 000 Excess of $80,000 to $100,000 More than $100,000 3.5% 4% Calculate the gross earning. Employee Total sales Gross earning Lai Xiaodong %24 146,000 < Prev 6 of 16 Next ..... .....n .....
A saleslady in Fortuna mall receives a monthly salary of Ρhр 12,000.00 рlus 10 % on all sales for the month over Ρhр 25,000.00. At the end of the current month she sold Ρhр 42,856.00. What is the amount of her commission? What is her total gross рay for the month?
need asap JUN PANLAQUI IS A SALESMAN RECEIVINGA SALARY OF P12,500.00 MONTHLY WITH5% COMMISSION ON ALL HIS SALES. HISSALES IN JUNE AMOUNTED P50,000.00, INJULY P55,000.00 AND IN AUGUSTP45,000.00. FIND HIS GROSS SALARY FORTHREE MONTHS. BELINDA, A SALESLADY IS PAID 10%COMMISSION ON THE FIRST P80,000.00WORTH OF SALES, AND 12% OF ALL SALESIN EXCESS OF P80,000.00. LAST MONTHHER SALES AMOUNTED TO P150,000.00.FIND HER TOTAL COMMISSION.
7. The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,200.00 plus an incremental commission based on the table below. If Sally sells $25,700.00, what is her total gross pay for the month? Level Sales Volume CommissionRate 1 9,100–17,600 5.1% 2 Over 17,600 6% A.$2,583.60 B.$2,683.60 C.$2,783.60 D.$2,883.60
Majan Business Solutions Company pays its employees on the below graduated commission scale: Sales (OMR) Commission Rate (%) Up to 15,000 15,001- 20,000 20,001- 40,000 10 During the last month, Salma's and Amira's sales were OMR 29,000 and OMR 18,000 respectively. How much should this company pay for both ladies? O a. OMR 4,030 O b. OMR 3,040 O c. OMR 4,300 O d. OMR 3,400
The shodule g8 aing accounts for a com Prny O1 Year 2020 Account rectuble $20,000 $ So00 at the Estimate bag Current 1-30 daysoverdue 3 1- 60 days ovedue more than 6odays overdue (% 5% to % 20% $2500 31 S00 The aliowance was estimeted by using the stheolole accounta. The allowanre count had a'Jebit balance of g400 befere tHe estimate was made Reouired Prefare the adjusting bat to record bad debt expense for 2 entry
Q.2. Compute the total commission for the following commission payment plan. Graduated Commission Rates 3% on sales to $25,000 5% from $25,000 to $50,000 7% on sales above $50,000 Sales $84,000 Commission
Complete the following table: End-of-month commission Commission Employee Total sales Draw rate received Sanders %24 294,000 6 % $ 7,800 二es raw < Prev 5 of 16 Next cation
A. Solve the following problems and show your complete solution. 1. Incremental Commission or Graduated Commission Celeste is paid 3.5% commission on the first P12,000; 3.5% on the next P15,000; and 6.5% on all sales over $25,000. Last month, her total sales were P64,000. Find her total commission. HRISTIAN 2. Salary Plus Commission Francis Nicolas is paid a basic salary of P30,000 a month plus 9.5% commission on all sales made. Compute his gross earnings if he made total sales of P195,000. 3. Commission and Bonus Shiela receives a monthly salary of P15,200 plus 2.5% commission on sales which she consumes in excess of P70,000. Find her total earnings in a month when her sales amounted to P145,000. bahag 4. Commission with Override Yu receive 10% commission on the product he sold plus 2.5% commission of the sales made by representatives under his supervision. If his sales amounted to P28,000 and the sales made by his representatives amounted to P73,000, how much did he earn?
This table shows the amount of commission earned for a broker receiving 3% commission on sales. How much would this agent earn in commission for $600,000 in sales? Commission Eamed Sales (in thousands of S) 120 240 360 480 600 Commission (in thousands ofS 36 72 108 14.4 A. $180,000 B. $18,000 C. $200 D. $20,000
Exan cdn.student.uae.examus.net/?rldban=D1&sessi.. AC T101 FEX_2021_2_Male of A company's net sales for October were SR10,000. and had SR5,000 gross margin. itS cost of goods sol would be : 30 - 34 -> 114- a. 10,000 5 b.2,000 abe18ce33 95%.e18 C. 5,000 95abe18ce33 d. 15,000 95abe18ce33 95abe18ce 33 95abe18c 95abe18ce33 95abe18ce 33 95abe18ce33 సెక్ల MacBook Pro Co 80 F3 2. ア 888 000 F4 3. F5 TE 5 6 7 F7 & T. 7 V Y 8A U **** S4

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS