The agent's commission is $5,950
A commission agent acts as a go-between for enterprises of all sizes when dealing with suppliers. A person in this position may operate in a variety of fields, including real estate, sales, and entertainment, as well as throughout the world. Additionally, a commission agent may simultaneously serve multiple companies.
An international agent who receives payment as a percentage of the sales they bring in. The Agent strictly complies with the sale terms specified to it by the Principal while making products available to potential customers in a certain territory (often a country). The Agent's and Principal's relationship is solely business-related; there is no employment connection between them.
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Answer:
the real rate of interest of 6.39 %
Explanation:
given,
rate of return on your bond = 11.29 %
the inflation rate = 4.6 %
real rate of return = ?
rate of return = 
rate of return = 
rate of return =
rate of return = 
= 6.39 %
the real rate of interest of 6.39 %
Answer:Amount of supplies used =$400
Explanation:
Beginning balance of supplies $200
Supplies purchased $500
Ending supplies balance on hand $300
Amount of supplies used = Beginning balance of supplies + Supplies purchased - Ending supplies balance on hand
= $200 +$500 - $300
= $400 is amount of the adjusting entry to record the amount of supplies used in Anderson Corp.
Answer:
Variable cost per unit= $0.10
Explanation:
Giving the following information:
Cost Machine Hours
March $3,106 15,176
April 2,668 9,558
May 2,892 11,947
June 3,538 17,899
<u>To calculate the variable cost under the high-low method, we need to use the following formula:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (3,583 - 2,668) / (17,899 - 9,558)
Variable cost per unit= $0.10
