Sue works as a salesperson in a clothing store. She earns $7.25 per hour plus COMMISSION, which is based on her sales revenue.
Types of Sales Commissions:
1) Gross profit commission - based on gross profit (sales - cost)
2) Revenue Commission ⇒ Sue's commission
3) Placement Fees - fixed amount on every unit sold
4) Revenue Gates - based on performance
Answer: B. Tabitha figures that the additional benefit of having her own booth ( as opposed to sharing) is at least $300.
Explanation:
When Tabitha moved booths, she began to pay $450 per month. The difference between this cost and the cost she was previously paying is:
= 450 - 150
= $300
If Tabitha is paying $300 extra, it must mean that the benefit she is getting from being in her own booth is at least $300 because that would be the only way she would not be making a loss. Were the benefits anything less than $300, she would be making a loss and it would not make any sense for her to continue renting the booth.
Answer:
Usage variance = $22,564.5 unfavorable
Explanation:
<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite</em>
Pounds
850 units should have used ( 850× 5.9 pounds) 5,015
but did use <u> 6,550</u>
Usage variance 1,535 unfavorable
× standard price <u> $14.70</u>
Usage variance <u> 22,564.5</u> unfavorable
Usage variance = $22,564.5 unfavorable
Answer : Serial Entrepreneur
A serial entrepreneur, like any other entrepreneur, comes up with a new idea and starts a business based on it.
Once the business is established, they delegate the running of this business to someone else and move on to building another new business on another new idea.
As they move on to newer ventures, they may also sell their old ventures. When such ventures are sold, the entrepreneur often makes a windfall gain.
now that achmed has his masters he is techinallly overquailifed for all 3 jobs
