Answer:
Economies of scale
Explanation:
As the production increases, the cost per unit of a single product type decreases.
They will pay net $229,030 after paying a 7.5% commission to their broker.
<h3>What is commission?</h3>
- Commissions are a type of variable-pay compensation for provided services or sold goods.
- Commissions are a typical method of encouraging and rewarding salespeople. It is also possible to create commissions to promote particular sales behaviors.
- For instance, when offering significant discounts, commissions might be decreased.
- When you buy, you normally pay a commission, and when you sell, you typically pay another commission. Investment commissions are not regarded by the IRS as a tax-deductible item.
- Instead, the commission is included in the cost basis of the investment, giving you a small tax break.
<h3>Calculation of net payment:</h3>
= 100% - 7.5%
= 92.5%
= $247,600 x 92.5%
= $229,030
Hence, they will pay net $229,030 after paying a 7.5% commission to their broker.
Learn more about commision here:
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Answer and Explanation:
The journal entries are shown below:
On September 1
Cash $520
Sales $520
(Being the sale is recorded)
On September 1
Cost of goods sold $220
To Merchandise inventory $220
(Being the cost is recorded)
On September 1
Warranty expense $41.6 ($520 × 8%)
To Estimated warranty liability $41.60
(Being the warranty expense is recorded)
On July 24
Estimated warranty liability $36
To Repair parts inventory $36
(Being the estimated warranty liability is recorded)
Answer:
Intrinsic Motivation
Explanation:
The right answer according to the given condition is <em>Intrinsic motivation.</em>
<em>What is Intrinsic Motivation:</em>
It is the type of an organizational idea that in an ideal organization employees are way more satisfied with the culture, environment and the work they do than the pay they get. Such type of idea is known as intrinsic motivation.
Hence, in this question, Chip Conley discusses about an idea called intrinsic motivation. Where intrinsic means internal rewards or encouragements that employees are getting due to which they are satisfied to work har irrespective of the pay they are getting.
