Answer:
Gross pay= $13,357.8
Explanation:
Giving the following information:
Gross commission= 3%
Sales= $445,260
<u>The gross pay is the amount earned before tax and other deductions. We need to use the following formula:</u>
Gross pay= commission rate*sales
Gross pay= 0.03*445,260
Gross pay= $13,357.8
Answer:
$6490
Explanation:
The computation of the ending inventory is shown below:
= (January ending inventory in units × price) + (February ending inventory in units × price) + (May ending inventory in units × price) + (September ending inventory in units × price) + (November ending inventory in units × price)
= (8 units × $113) + (9 units × $124) + (13 units × $136) + (7 units × $144) + (11 units × $154)
= $904 + $1,116 + $1,768 + $1,008 + $1,694
= $6,490
Answer:
Net present value of this project is $282470.22
Explanation:
Present value of inflows = Cash Inflow * Present value of discounting factor(rate%,time period)
=900,000/1.08+900,000/1.08^2+900,000/1.08^3+900,000/1.08^4+900,000/1.08^5+900,000/1.08^6+900,000/1.08^7+900,000/1.08^8+900,000/1.08^9+900,000/1.08^10+900,000/1.08^11+900,000/1.08^12
=6782470.22
NPV=Present value of inflows-Present value of outflows
=6782470.22-6,500,000
=$282470.22
Answer:
W. Edwards Deming
Explanation:
The person who believed that management must do more to improve the work environment and processes so that quality can be improved was
W. Edwards Deming
W. Edwards Deming who is a management consultant from America that believe in system theory that all organization has different components that works together to achieve a goal in the organization.
