Recruitment Costs Interview Costs Job Posting fee 1st year fee Real Estate Fee Shipping fee Family travel cost A. $45,400 C. $49,400 $2,000 per person $1,000 10% 6% of sales price $4,000 $400 per person A company hires an employee with a family of 5 for a salary of $160,000 over 2 other candidates. If the employee sold her house for $340,000, what is the total recruiting expense? B. $47,800 D. $47,400
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- A sales engineer of a lubricant comрany receives Ρhр 14,580.00 every month. A 9.5 % commission on his monthly sales of Ρhр 85,000.00 is his benefit. His sales last month was Ρhр 115,750.00 and this month is Ρhр 72,951.00.Comрute his two months earnings?Sales Commissions Bill was just offered a sales position fora computer company. His salary would be $25,000 per yearplus 1% of his total annual sales.(a) Find a linear function that relates Bill’s annual salary, S,to his total annual sales, x.(b) If Bill’s total annual sales were $1,000,000, what wouldbe Bill’s salary?(c) What would Bill have to sell to earn $100,000?(d) Determine the sales required of Bill for his salary toexceed $150,000(Management Accounting) Mary is considering leaving her current position to open an ice cream shop. Mary's current annual salary is $77,000. Annual ice cream shop revenue and costs are estimated at $260,000 and $210,000, respectively. What is Mary's annual opportunity cost of starting the ice cream shop? A) $50,000 B) $77,000 C) $210,000 D) $260,000
- Sheehan works for Andy Company and is a superior sales guy. His total compensation this year is $600,000. Andy sponsors an integrated profit sharing plan with a base percentage of 5.5% and a maximum excess percentage. It uses the current wage base as the integration level. How much will the company contribute for Sheehan for 2019? Select one: $15,125 $23,491 $23,785 $56,0001. Banner House Inc. gives all its sales people a base salary of $39,000 per annum and a commission of 8% on all banners that they sell over $5,000. Calculate Courtney's salary last month if she sold $11,000 worth of banners. 2. Patrick, a sales representative at a jewelry store, receives a 2.00% commission for the first $10,000 in sales she makes, 4.00% for the next $30,000, and 6.00% thereafter. If she was paid $2,500.00 in commissions last month, calculate the amount of sales she made. 3. Jesse works for a clothing boutique store as a salesperson. She receives a monthly base salary of $900 and earns a commission on sales over $20,000. If she earned $8,000 last month and she made $110,000 in sales, calculate her commission rate.Brenda Sheldon, CPA, pays her new staff accountant, Abby , a salary equivalent to $21 per hour while Brenda receives a salary equivalent to $37 per hour. The firm's predetermined indirect cost allocation rate for the year is $11 per hour. Sheldon bills for the firm's services at 34% over cost. Assume Brenda works 6 hours and Abby works 8 hours preparing a tax return for Mikayla Touchstone. 1. What is the total cost of preparing Touchstone's tax return? 2. How much will Brenda bill Touchstone for the tax work?
- Kevin is the financial manager of Levington BMW. The shop allows employees to purchase up to two vehicles per year at a discount. Levington's average gross profit percentage is 15%. This year Kevin purchased a 530 model and a M3. model FMV Dealer Cost Employee Price 530. $64,000 $51,000 $54,500 M3 $71,700 $61,000 $58,000 What amount must Kevin include in income?The owner's of a small manufacturing concern have hired a manager to run the company with the expectation that he will buy the company after 5 years. Compensation of the new vice president is a flat salary pluss 75% of the first $150,000 profit, then 10% of profit over $150,000. Purchase price for the company is set at 4.5 times earnings (profit), computed as average annual profitability over the next five years. Q1- Does this contract align the incentives of the new vice president with the profitability goals of the owners? Q2- Redesign the contract to better align the incentives of the new vice president with the profitability goals of the owners.The following is cost information for the Creamy Crisp Donut Company:Entrepreneur's potential earnings as a salaried worker = $50,000Annual lease on building = $22,000Annual revenue from operations = $380,000Payments to workers = $120,000Utilities (electricity, water, disposal) costs = $8,000Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000Entrepreneur's forgone interest on personal funds used to finance the business = $6,000 Refer to the above data. If, other things equal, Creamy Crisp's revenue fell to $286,000: its implicit costs, including a normal profit, would exceed its explicit costs.B. it would earn a normal profit but not an economic profit.C. it would suffer an economic loss.D. its accounting profit would fall to zero.
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