Ms. Resa has been working as lecturer at MTIM and earning a salary of PHP 8,000 per month. Also, she sells Mango Float once a week. In a week she can earn total revenue of PHP1,500 with a cost (labor, materials, ingredients) of PHP 750. If she will make it in full time working 5 days per week she can earn up to PHP7,500 with a cost of PHP 3,750 per week. Should Ms. Resa quit her job and work full-time for her Mango Float business? Or Not? Defend your answer by calculating the Accounting profit and Economic profit.
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- Sharon is a manufacturer's representative selling office furniture directly to businesses. She receives a monthly salary of $2000 plus a 2.2% commission on sales exceeding her quota of $150,000 per month. a. What are her earnings for a month in which she has $227,000 in sales? (Round your answer to the nearest cent.) Earnings = b. If her average monthly sales are $235,000, what straight commission rate would generate the same average monthly earnings as her current basis of remuneration? (Round your answer to four decimal places.) Commission rate =Mack and Gail are in the electronic and computer retail business and each of them for different businesses. At the business that Mack works at, his weekly earnings is $880 a week plus an 8% commission on sales. At the business that Gail works at, her weekly earnings is $960 a week plus a 6% commission on sales. Gail thinks that her salary structure is better than Mack’s salary structure. If e represents the weekly earnings (in dollars) and s represents the weekly sales (in dollars), then do the following A. For what weekly sales value (or values) are both salary structures equivalent? B. For what weekly sales values is Mack’s salary structure better than Gail’s salary structure?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?
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- Manual is a word-processor operator. He makes php 11.50 an hour. Determine his gross earnings for a week if he worked 52 hoursMadison is the newly appointed manager of spark communication a small computer monitor manfacturing company based out of halifox nova Scottia. During her first few days on the jobs she collected the following data about the company. The company has the capacity to produce 750 monitors per month and is currently producing 525monitors every month and selling it to wholesaler The company is expenses are :rent $4000 per month, salaries of $12500 per month, insurance of $1500 per month , material is of $6 permonth, labour of $35 per month and sales commissions of $19 per month. Each month is sold for $105. a. What is the contribution margin and the contribution rate? b. What is the break even volume and break even revenue per month? c. How much net income per month we earned at the current level of presentation.?Please help me to answer them all correctly for an upvote. thank u maam and sir. Lexley works in a toy factory. She receives a daily rate of Php 400 on regular days (Mondayto Friday). If the factory pays 125% of hourly wage for overtime work and 130% on rest day,compute for her gross earnings last week given that she worked on the following days. Monday –8 hours Tuesday –12 hours Wednesday –10 hours Thursday –10 hours Friday –12 hours Saturday –8hours 1. How much is her income on her rest day? 2. What are you going to add in order to compute her gross earnings for the week? 3. How much is her gross earnings for the week?