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e-lub [12.9K]
3 years ago
13

Under what type of compensation plan is the agent responsible for the costs of advertising and promotion?

Business
1 answer:
Oksana_A [137]3 years ago
5 0

Answer:

100% plan

Explanation:

The 100% plan is when the agent doesn't have a base salary and the job pay depends completely on the comission for selling products. This compensation plan provides a big earning potential and the agent is an independent contractor and would have to cover costs of advertising and promotions. Because of that, the answer is that the type of compensation plan in which the agent is responsible for the costs of advertising and promotion is the 100% plan because the agent is not considered an employee and only receives the comission and has to cover the costs associated with advertising and promotion.

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Evan is single and has AGI of $277,300 in 2020. His potential itemized deductions before any limitations for the year total $52,
tatiyna

Answer:

$24,402.50

Explanation:

Medical expenses can be deducted only if they are above 7.5% of your AGI:

$277,300 x 7.5% = $20,797.50

Medical deductions = $29,000 - $20,797.50 = $8,202.50

Evan can deduct $8,700 in mortgage interests

Total deductions for state and local taxes for a single filer = $5,000

Charitable contributions are also deductible = $2,500

total deductions = $8,202.50 + $8,700 + $5,000 + $2,500 = $24,402.50

6 0
3 years ago
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Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.

<h3>What is motivation?</h3>

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Intrinsic. Internal motivation for success or a sense of purpose

Family. Motivated by a desire to provide for your family.

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6 0
1 year ago
Inflation can impose significant costs and adversely distort economic systems. Indicate whether the costs and distorting effects
kaheart [24]

Answer:

1. Menu costs

- Can lead to stores listing prices in more stable currencies.

- Causes costs associated with changing prices in stores.

2. Shoe-leather-costs

- Discourages people from holding money.

- Spending time converting money into something that better holds value.

3. Unit-of-account costs

- Can reduce the quality of economic decisions.

- Makes money a less reliable source of measurement.

- Can cause distortion to the tax system.

- Causes difficulty in firms and individuals financial planning.

3 0
3 years ago
if you’ve just recovered from prostate cancer within the last few years, an insurance company might require you to pay a 20% ext
lesya692 [45]

Answer:

Gross premium = $100

Monthly Net premium = $70

Therefore 70 x 12 x 3 = 2,520

= 20% of 2, 520

2,520/100 x 20/1

GMP (Gross Monthly Premium) = $540

4 0
3 years ago
If an organization's requirements conflict with the software package chosen, and the package cannot be customized, the organizat
gogolik [260]

Answer:

A. change its procedures.

Explanation:

if there is any problem with the procedure and the use of the software, the organization should think about it and change the procedures

5 0
3 years ago
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