The Verizon publishing company pays its sales people a weekly salary plus a 2% commission on all net sales over 5,000 (no commission on returned goods.) Complete the following. Employee: Ryan Gross sales: $13,125 Return: $125 Net Sales: Given quota: $5,000 Commission sales: Commission Rate: 2% Total commission: Regular wage: $250 Total Wage:

Compute commission and gross pay

Don, an office equipment sales representative, earns a weekly salary plus a commission on his sales. One week his total compensation on sales of $8000 was $600. The next week his total compensation on sales of $9000 was $650. Find Don's weekly salary and his commission rate. Don's commission rate is 7%. sk my instructor Q 4 G PROTEIN Clear all Check answer TUF GAMIN

Houpe Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 140 100% Variable expenses 42 30% Contribution margin $ 98 70% Fixed expenses are $490,000 per month. The company is currently selling 6,000 units per month. The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has proposed a commission of $11 per unit. In exchange, the sales staff would accept a decrease in their salaries of $58,000 per month. (This is the company's savings for the entire sales staff.) The marketing manager predicts that introducing this sales incentive would increase monthly sales by 100 units. What should be the overall effect on the company's monthly net operating income of this change?

Marwick’s Pianos, Inc., purchases pianos from a large manufacturer for an average cost of $1,499 per unit and then sells them to retail customers for an average price of $2,600 each. The company’s selling and administrative costs for a typical month are presented below:   Costs Cost Formula Selling:     Advertising $ 961 per month Sales salaries and commissions $ 4,799 per month, plus 4% of sales Delivery of pianos to customers $ 60 per piano sold Utilities $ 647 per month Depreciation of sales facilities $ 4,956 per month Administrative:     Executive salaries $ 13,422 per month Insurance $ 702 per month Clerical $ 2,456 per month, plus $37 per piano sold Depreciation of office equipment $ 879 per month     During August, Marwick’s Pianos, Inc., sold and delivered 56 pianos.   Required: 1. Prepare a traditional format income statement for August.

Marwik  Pianos. Inc  purchases pianos from a large manufacturer for an average cost of $1,482 per unit  and then sells them to retail Customers for an average price or S2,100 each. The company's selling and administrative costs for a typical month are presented below Costs Cost Formuala Selling $965 per month Advertising $4,793 per month plus 5% of Sales Sales Salaries and commissions $57 per piano sold Delivery of Pianos to customers $670 per month Utilities $4,903 per month Depreciaiton of Sales Facilities   Administrative   Executive Salaries $13,506 per month Insurance $701 per month Clerical $2,480 per month,plus $ 37 per piano sold Depreciation of Office Equipment $916 per month During August, Marvik Pianos sold and delivered 63 pianos. Prepare Traditional Income Statement and also prepare contribution format income statement for cost(Show costs and revenues on both a total and a per unit basis down through contribution margin)

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How can I resolve this problem? Marwick’s Pianos, Inc., purchases pianos from a large manufacturer for an average cost of $1,481 per unit and then sells them to retail customers for an average price of $3,400 each. The company’s selling and administrative costs for a typical month are presented below:   Costs Cost Formula Selling:     Advertising $ 930 per month Sales salaries and commissions $ 4,803 per month, plus 4% of sales Delivery of pianos to customers $ 63 per piano sold Utilities $ 649 per month Depreciation of sales facilities $ 4,913 per month Administrative:     Executive salaries $ 13,575 per month Insurance $ 711 per month Clerical $ 2,516 per month, plus $37 per piano sold Depreciation of office equipment $ 885 per month     During August, Marwick’s Pianos, Inc., sold and delivered 63 pianos. Required: 1. Prepare a traditional format income statement for August.2. Prepare a contribution format income statement for August. Show costs and…

Francois French manufactures cheese, which he normally sells at €20/kg. on which sales commission of 5% is paid. Plant capacity is 7,500 kg/month. Income tax is levied at 30%. Fixed costs Costs per kg. Plant depreciation €8,000 Direct materials €4 Other plant costs 15,000 Direct labor 2 Corporate salaries 10,000 Var. factory O/H Advertising 3,000 The number of kilograms to sell to break-even is: 3,273 3,600 3,000 2,300 none of the above

Jenny's Pottery Store is a small retail company that has the following information pertaining to current year operations. Sales (2,500 fruit bowls) Cost of goods sold Manager's salary allocation Rent cost allocation Advertising Commissions (10% of sales) What are the estimated total costs if Jenny's expects to sell 3,000 units next year? A) $86,700 B) $98,700 C) $76,700 D) $88,700 $100,000 45,000 20,000 700 2,000 10,000 E) $84,240