No, the commission must go through the agent's broker.
What is commission ?
The term "commission" describes the payment made to an employee when they successfully complete a task, which is frequently selling a predetermined quantity of goods or services.
Selling goods or services is difficult. Sales and marketing professionals must contend with fierce competition. Employers provide a commission to entice workers, increase productivity, increase sales, and draw in new clients.
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Good coffee and a friendly environment. Having a run down shop for your coffee shops not very welcoming nor kid and adult friendly. <span />
Answer:
$418,200
Explanation:
Period Costs under Variable Costing include (1) Fixed Manufacturing Overheads and (2) All Non-Manufacturing Expenses.
<u>Calculation of Period Costs</u>
Fixed manufacturing overhead $260,700
Fixed selling and administrative expense $120,000
Variable selling and administrative expense ($5 × 7,500) $37,500
Total Period Cost $418,200
Answer:
4. should consume less of X and more of Y.
Explanation:
Marginal Utility is defined as the satisfaction that an individual gains after consuming additional units of a certain goods or services.
In the given scenario there are two products X and Y. The price of X is higher than Y. The product X takes more time to consume than of product Y. The consumer should make a combination to maximize its marginal utility. The time to consume a unit worth $2 per hour therefore the consumer should focus consuming more of Y and less of X to save its time to consume the unit which will result in maximizing its marginal utility.
Answer:
No impact on accounting equation of Breeze Inc.
Explanation:
Account equation: Asset = Liabilities + Shareholders' equity
Upon delivery and invoicing of the 4 wind turbines, the Breeze Inc. had recognized following journal entry:
An asset is recorded
Accounts receivable (Debit)
Sales (Credit)
Upon receipt of cash, accounts receivable is credited and cash is credited e.g. there is no impact on total assets, therefore there is no impact on accounting equation.