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3 years ago

In which method of sales compensation is salespersons pay totally determined as a percentage of sales?

Business

1 answer:

Oxana [17]3 years ago

4 0

Answer:

The correct answer is: straight commission.

Explanation:

The straight commission compensation method consists of giving employees a payment based on the percentage of the sales they process instead of providing them a fixed amount for salary every month. This is done to push salespeople to sell more so their income strictly depends on their performance.

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30. On March 1, Upton Company’s Packaging Department had work in process inventory of 8,820 units, which had been transferred in

OLga [1]

Answer:

The cost per equivalent unit for transferred-in costs and for conversion costs for the Packaging Department using the weighted average method is $27.95 and $1.81 respectively

Explanation:

For computing the cost per equivalent unit for transferred-in costs and for conversion costs, first, we have to compute the transferred out units which is shown below:

= Beginning work in process inventory units + units transferred - ending work in process inventory units

= 8,820 units + 30,000 units - 700 units

= 38,120 units

Now for transferred-in costs, the per equivalent cost equal to

= (Accumulated costs + accumulated costs) ÷ (transferred out units + ending work in process inventory units)

= ($315,000 + $770,000) ÷ (38,120 units + 700 units)

= $27.95

For conversion costs , the per equivalent cost equal to

= (Accumulated costs + accumulated costs) ÷ (transferred out units + ending work in process inventory units × completion percentage)

= ($16,000 + $54,000) ÷ (38,120 units + 700 units × 80%)

= $1.81

5 0

4 years ago

Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturin

olya-2409 [2.1K]

Answer:

Job Q's unit cost = $1,026.67

Explanation:

Job Q

actual machine hours used

molding 800:

allocated fixed overhead = (800/2,500) x $10,000 = $3,200

variable overhead = 800 x $1.40 = $1,120

sub-total = $4,320

fabrication 900:

allocated fixed overhead = (900/1,500) x $15,000 = $9,000

variable overhead = 900 x $2.20 = $1,980

sub-total = $$10,980

total overhead = $15,300

direct labor = $7,500

direct materials = $8,000

total costs for Job Q = $30,800

Job Q's unit cost = $30,800 / 30 units = $1,026.67

7 0

3 years ago

s a state that exists whenever an entity can survive or continue its activities without external assistance or international tra

Andru [333]

Autarky is a state that exists where the entity can survive with no external help or the global trade.

<h3>What is trade?</h3>

Trade is the scenario when the nation engaged in acquiring or selling goods or providing services from or to the outside nations.

Autarky is the situation of being self independent or exercising the self rule. It is being applied to the political states, systems of economy, communities or states of the nation.
When an entity can able to exist in the market with no global interference or any kind of external help, then that situation of a firm is tend to be an Autarky.

Therefore, the definition provided in respect of the term Autarky.

Learn more about the international trade in the related link:

brainly.com/question/27622280

#SPJ1

7 0

2 years ago

A banker is analyzing a company which operates in the automotive industry. Which of the following will likely be the banker's mo

Juliette [100K]

Answer:

A Banker's Analysis of an Automotive Company for Loan

Most important consideration in determining grant of loan:

c. The company has a large amount of interest payments related to other outstanding loans.

Explanation:

The large amount of interest payments related to other outstanding loans means that the automotive company is highly leveraged. To grant a bank loan will have added leverage risk.

In analyzing the request for a loan, a bank should consider the borrowing company's credit history. With so much in interest payments, the company has already borrowed heavily. The banker should consider the application of the past debts. Were they used in investments or for working capital purposes or to repay liabilities and shareholders.

The banker also needs to review the cash flow history with line with the above, to know how the past debts have been applied, as already stated above. In reviewing the cash flow history, the projections of the company should be tested for sustainability. "Has the company been meeting its past projections?" is a relevant question to understand.#

Lastly, the banker should also consider the existence of collateral for the loan, especially given that the company is highly leveraged. Are there unencumbered assets that can serve as collateral in case of default?

7 0

3 years ago

The National Income and Product Accounts allows us to relate ________ to ________ to ________. Group of answer choices household

sasho [114]

Answer:

gross domestic product (GDP), gross national product (GNP), and gross national income

Explanation:

5 0

3 years ago