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?

Q: During the last month, Salma's and Amira's sales were OMR 29,000 and OMR 18,000 respectively. How…

A: Sales commission is paid to employee as an incentive for better performance  In general entities…

Q: Joy is paid a straight commission of 10% on his total amount of sales. If her total sales for the…

A: Commission = 10% x total amount of sales

Q: 4. Wilbur Schuch sells farm chemicals. He is paid a commission of 8% of his first $6000 in sales…

A: Commission % of first 6000 of sales = 8% Commission % of sales over 6000 = 12% Sales = 14,680 Sales…

Q: For the month of November, a suit buyer took markdowns totaling $1,600. During this month, the net…

A: A markdown is an amount by which you decrease the selling price.

Q: Jasper Hall sells farm chemicals. He is paid a commission of 9% of his first $6,000 in sales during…

A: The total commission earned can be calculated as per the given structure. He will earn a commission…

Q: Miguel Valdez sells appliances. He is paid an 8% commission on the first $5,000 worth of sales, 10%…

A: Mr. M would earn commission based on the given structure.  First $5,000 worth of sales would earn…

Q: 5. Evelyn Watterson sells cosmetics for Final Touch, Inc. She is guaranteed a salary of $650 a month…

A: Evelyn Watterson's gross pay will be greater from both the options.

Q: Jose receives a commission of 2.4% on his monthly sales up to $3,100. The rate then increases to…

A: Lets understand the basics. For calculating commission on sales, we need to use below formula.…

Q: alesman has a basic salary and in addition,receives a commission which is a fixed percentage of his…

A: The total salary consists of two components one is basic salary and other is commission that depends…

Q: ed to take 6 months. Prepare the journal entry to record the sales. How much sales revenue should be…

A: journal entry to record the sales Date General Ledger Debit Credit (a) Accounts receivable…

Q: The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,200.00 plus an…

A:

Q: 8. Sam Rupp is a sales representative for Benton Computer Company. He is paid a commission of 6% on…

A: Sale (S) = $ 85,900 Commission rate up to $ 50,000 sale (C1) = 6% Commission rate over $ 50,000 sale…

Q: Humaid is paid a 7% commission on all sales. He sold goods worth RO 15,000 in a month. What is his…

A: Gross pay is the money that a person received without making any deductions.

Q: Audrey Sanders sells closet organization systems. She is paid a commission of 5.14% of her first…

A: Commission on first $1500 sales (x) = 5.14% Commission on sales above $1500 (y) = 10% $7500 sales…

Q: For February, sales revenue is $700,000, sales commissions are 5% of sales, the sales manager's…

A: Cost pertain to the distribution, marketing, and selling represents selling expenses.

Q: UN PANLAQUI IS A SALESMAN RECEIVING A SALARY OF P12,500.00 MONTHLY WITH 5% COMMISSION ON ALL HIS…

A: Answer) Calculation of Gross Salary for 3 months   June July August Total Fixed…

Q: Ian’s gross monthly salary is $9,696 on net sales totalling $92,746. If her base salary is $1,550…

A: Given Base salary = 1550 total salary = 9696 Commission = 8146   Excess sales = 92746 - 21000 =…

Q: Gerald is a sales representative for Wirksworth Corp. In the month of August, he closed…

A: When the company hires some agents to increase the sales then, with every completion of target, they…

Q: 3. Janet works on a pay schedule of P21,300 per month plus a 3% commission on all sales. If she sold…

A: Commission  = Sales×3%

Q: Mike receives a monthly salary of 22,500 pesos. He anticipates that his total sales for this month…

A: Here in this question, we are required to calculate gross income for the month for Mike. Gross…

Q: A Mikey's sells $119,500 of its accounts receivable to factors at a 1% discount. The firm’s average…

A: The factoring services are used by the business to sell out their account receivables at a discount…

Q: A sale's man has a fixed salary of birr 200 a week in addition, he receives a sales commission that…

A: In terms of accountancy, salary is treated as an expense account and is reported under the income…

Q: This month, a company receives $6,000 from a regular customer, of which $4,000 is for products…

A: Under the accrual basis of accounting, the revenue recognition principle of accounting states that…

Q: Richard is a sales representative receiving an annual salary of ₱120,000 plus commission on all his…

A: Gross earnings refer to the total amount earned by a person before any deduction for the taxes,…

Q: Lyle works at Best Buy as a salesperson. He makes $11.95 per hour and 4% of commission based on…

A: Net pay of an individual is the take-home salary of the individual that the individual or employee…

Q: The sales clerks of Teresa's Treasures are paid a salary of $225 per week plus a commission of 8% on…

A: 1. Tina Valendez Commission = $ 2,392.50 x 8% = $ 191.4 2. Jan Yarrow  Commission = $ 3,480.75 x 8%…

Q: Mia Kaminsky sells shoes for Macy's. Macy's pays Mia $12 per hour plus a 5% commission on all sales.…

A: Gross Pay: It is the total of the fixed pay and the percentage of commission received on the sales…

Q: 6. Jasper Hall sells farm chemicals. He is paid a commission of 9% of his first $6,000 in sales…

A: Total sale = $ 16120 Commission upto $ 6000 sale = 9% Commission on sale more than $ 6000 = 14%

Q: The sales clerks of Teresa's Treasures are paid a salary of $225 per week plus a commission of 8% on…

A: The gross earnings are sum of salary and commission.

Q: Nick Billups is paid a salary of $900 a month, a 2% commission on all sales, and 1.8% more on…

A: JUNE SALES = $48,500 SALARY FOR JUNE = $900   COMMISSION CALCULATION ( A ) 2% ON ALL SALES = 2% X…

Q: Renne Fumo sells sports equipment. She is paid a commission of 4 % of her first $1500 in sales…

A: Commision for first $1500 sales is 4.5% Commision on sales above $1500 sales is 9% Total sales for…

Q: Samgyupsalamat mployees are given 10% commissions based on sales made every quarter starting January…

A: Commissions are a form of variable-pay remuneration for services rendered or products sold.…

Q: Schrute Farm Sales buys portable generators for $460 and sells them for $740. He pays a sales…

A: Income StatementIncome Statement or profit & loss account is one of the financial statements of…

Q: Pamela Mello is paid on an incremental commission schedule. She is paid 2.6% on the first $70,000…

A: 2.6% at $70,000 3.4% at $87200- $70,000 3.4% at $17200

Q: An invoice for $400 dated December 7 has sales terms of 2/10 ROG. The merchandise arrived December…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: ABC Co. owns a branch. At the end of the month, the balance of the Allowance on overvaluation is…

A: Percentage of profit on cost= Allowance on overvaluation/ Cost*100

Q: Crystal’s gross monthly salary is $9,797 on net sales totalling $114,641. If her base salary is…

A: Sales are the revenues generated by the business from its day to day operations. The sales revenue…

Q: 6. Roman Zapata sells electrical fixtures for The Lighting Center. He is guaranteed a salary of $560…

A: Roman Zapata's salary will be decided by comparing his guaranteed salary and salary on the basis of…

Q: A company budgets sales of $800,000 for June. The company pays a sales manager a monthly salary of…

A: Selling expenses mean the costs incurred in selling the products of the business to customer.

Q: Ann earns a salary of 150 RO a week and a commission of 7 % on sales. If Ann's sales for one week…

A: Total weekly earnings = weekly salary + weely commission

Q: Lito gets a weekly salary of P4,235 per week plus a commission of 5.5% on sales. What are his total…

A: The Numerical has covered the concept of computing weekly Earing. The below formula is used to…

Q: Melvin's sales last week of a new tile cleaner were RO 9,500. If he receives a commission rate of…

A: As mentioned in the question, Melvin receives 15% of all sales as the commission so,

Q: A  salesman is paid a base salary of $120 plus a commission rate of 10% of total sales.  Calculate…

A: Computation of total salesman compensation:

Q: Company A receives $10,000 in advance this month for work to be performed next month. This month,…

A: Adjusting journal entry: To record any unrecognized income or expenses for the period company made…