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Rus_ich [418]
3 years ago
9

Select the correct answer from each drop-down menu.

Business
1 answer:
zaharov [31]3 years ago
4 0
1) Is most likely b) a commission. Commissions and bonuses can both be based off sales performance, but the the fact that she gets it for every sales makes it sound more like commissions which tends to be a structural aspect of someone’s pay that happens repeatedly, versus a bonus which is typically a one time thing.
2) is fixed salary. Hourly pay usually applies to lower levels and fixed salaries are for higher level, executive, employees
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A company sells 15,000 units of its single product annually. Annual revenues are $450,000, variable costs are $315,000, and fixe
valentinak56 [21]

Answer:

Decrease in profit = $9,000

Explanation:

The impact on the profit would be the sum of the increase in contribution from the special order less the lost contribution by forgoing the standard order.

Accepting the special order of 3,000 units would mean losing standard contribution on 2,000 units from the current sales unit of 15,000. Remember the company only has excess capacity of 1, 000 units i.e (16000-15,000) So, the additional 2,000 units would need to be forgone at standard price.

Variable cost per unit = 315,000/15,000 = $21

Standard selling price = 450,000/15,000 = $30

Special order price = $24

                                                                                                          $

Additional contribution from special order = (24-21) × 3,000 =  9,000

Lost contribution from forgoing standard order (30-21) × 2000 =(<u>18,000)</u>

Decrease in profit                                                                          <u> (9,000)</u>

By accepting the special order, the company would lose $9,000 of its profit

7 0
3 years ago
Which business is exempt from using the accrual basis for accounting? A clothing manufacturer that has average gross annual rece
AnnZ [28]

Answer:

A home improvement store that just began business last year and had $2.7 million in gross receipts.

Explanation:

The IRS allows only a limited number of businesses to use cash basis accounting and in order to do so, the business must be:

  1. Partnership or C corporation with less than $5 million in total sales revenue per year
  2. Sole proprietorship or S corporation with less than $1 million in total sales revenue
  3. Cannot be a publicly traded corporation
  4. Personal service businesses with more than 95% of revenue specifically related to services.
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3 0
3 years ago
Mitchell hires christina to go from florida to new york and negotiate a contract for his company. he gives her specific instruct
almond37 [142]
It is most likely under the principal's duty of <span>reimbursement
principal's duty of reimbursement a principal duty that require employer to give back the amount of money that its employees have to give from their own pocket in order to pay for all the expenses that are necessary for those employees to fulfill the duty that assigned by the employer.</span>
6 0
3 years ago
A potential benefit of telecommuting is that it _____. reduces employee turnover regulates work routine increases interaction wi
Lyrx [107]

In the given choices above, the potential benefit of telecommunication is that it was able to provide a reduce employee turnover because its task was able to provide a technology of which information exchange is made easy and the employees are given benefits.

<span />
6 0
3 years ago
"Assuming the market of soda has a regular downward sloping" demand curve and upward sloping supply curve, the tax will ________
Scrat [10]

Answer:

"Assuming the market of soda has a regular downward sloping" demand curve and upward sloping supply curve, the tax will  <u>be added to</u>  the price paid by buyers and <u>not the price received by</u>  the price received by sellers.

Explanation:

When demand is  takes a downward slope it simply means the good is not sort after  in the open market.When Supply curve takes an upward curve it means their is a great  availability of production resources.

Tax incidence goes alongside the above theory,in cases  where demand is low ,the tax will will be imposed on the buyer .But in the case where demand is high the tax is usually imposed on the producer.

5 0
4 years ago
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