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Tomtit [17]
2 years ago
9

Zhang Industries sells a product for $700 per unit. Unit sales for May were 700 and each month's unit sales are expected to grow

by 3%. Zhang pays a sales manager a monthly salary of $4,500 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30.
Business
1 answer:
ratelena [41]2 years ago
4 0

Answer: $14594

Explanation:

The budgeted selling expense for the manager for the month ended June 30 will be calculated thus:

The unit sales for June will be:

= [700 × (1 + 3%)]

= 700 × (1 + 0.03)

= 700 × 1.03

= 721 units

Commission will be:

= 2% × (721 × 700)

= $10,094

Therefore, the selling expenses to be reported will be:

= $10,094 + $4500

= $14594

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Answer: d.the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

Explanation:

For an instrument to be negotiable, it should be noted that the UCC requires that such instrument have to be signed by the maker or the drawer.

The UCC requires that HDCs take instruments in good faith. This means that the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

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According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
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A low-cost airline described as one of the excellent companies in the bestseller of the early 1980s, In Search of Excellence, is
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3 years ago
A saleswoman works for a base salary of $420 a month plus 6% commission on all the merchandise she sells beyond $7,000. If she s
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Answer:

$492

Explanation:

The computation of the total salary for the month is shown below:

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7 0
3 years ago
Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The
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Answer:

Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The will disinherits a third son, Hal. Don and Elsie divorce, but Don dies before changing his will. Under the Uniform Probate Code:

c. Frank and Greg receive the entire estate in equal shares.

Explanation:

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  • The option b is also incorrect as Elsie can't get the half of farm as well as Hal will not get the share.
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