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harkovskaia [24]
3 years ago
12

Albert works as a salesperson making $18 an hour plus 5% of every sale he makes. He receives two weeks of paid vacation a year,

as well as 50% matching in a 401K retirement fund. In this scenario, $18 an hour represents Albert's __________.a. commissions
b. prerequisites
c. base pay
d. compensation package
Business
1 answer:
Vinvika [58]3 years ago
3 0

Answer:

<em>c. base pay</em>

Explanation:

<em>In the given scenario </em>\$18<em> states that,  Albert is working at a </em><u><em>base pay</em></u><em>.</em>

<em>Because base pay is a system in which a worker gets payment as per hour. In base pay the employee or the worker can fix a particular rate per hour or per week or per month.</em>

And as we can see that Albert is earning a <em>particular amount per hour</em>, so this is also known as <em>base pay</em>.

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Scott Company had sales of $12,350,000 and related cost of goods sold of $7,500,000. Scott provides customers a refund for any r
maria [59]

The adjusting journal entries to record the adjustments in the books of Scott Company are as follows:

<h3>Journal Entries:</h3>

December 31;

Debit Sales $98,800

Credit Cash Refundable $98,800

  • To record expected cash refunds.

Debit Inventory $48,000

Credit Cost of goods sold $48,000

  • To record expected merchandise returns.

<h3>Data Analysis:</h3>

Sales = $12,350,000

Cost of goods sold = $7,500,000

Estimated percentage refunds = 0.8% of sales

Expected Refunds = $98,800 ($12,350,000 x 0.8%)

Returned goods = $48,000

Sales $98,800

Cash Refundable $98,800

Inventory $48,000

Cost of goods sold $48,000

Learn more about adjusting journal entries at brainly.com/question/13933471

4 0
2 years ago
The labor force includes rev: 05_30_2018 Multiple Choice employed workers but excludes persons who are officially unemployed. pe
butalik [34]

Answer:

employed workers and persons who are officially unemployed

Explanation:

The labor force is the force that involves the labors who are employed and the unemployed i.e. officially

In an equation, it can be

Labor force = Employed workers + unemployed workers

It is a combination of both the employed and the unemployed workers

hence, the correct option is third

Therefore all the other options are wrong as they do not meet the criteria of the labor force

8 0
4 years ago
Journalize the following transactions in the accounts of Sedona Interiors Company, a restaurant supply company that uses the all
Vaselesa [24]

Answer:

The journal entries are made below;

Explanation:

May 1. Account Receivable-Beijing Palace Co. Dr.$18,900

          Sales Revenue                                         Cr.$18,900

         Cost of Goods Sold       Dr.$11,200

        Inventory Stock              Cr.$11,200

Aug 30.     Cash      Dr.$8,000

               Bad Debt Expense        Dr.$10,900

              A/R-Beijing Palace Co.         Cr.$18,900

Dec 8.  A/R Beijing  Palace   Dr.$10,900

            Bad Debt Expense   Cr.$10,900

          Cash           Dr.$10,900

         A/R Beijing Palace Co. Cr.$10,900

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3 years ago
For m &gt; p2, the demand functions for goods 1 and 2 are given by the equations, x1 =m/p2 - 1 and x2 = p1/p2, where m is income
dmitriy555 [2]

Answer:

Option B is correct.

<u>A horizontal line</u>

Explanation:

Then for m > 2 , the income offer curve would be a horizontal line.

Income offer curve define as the curve which depicts the optimal choice of two goods at different levels of income at constant price. It is otherwise known as "Income Expansion Path"

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When visiting your sister, you notice that her infant enjoys watching a mobile that hangs over his head. of the various objects
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The big chainsaw is ur answer I bieleve
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