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Damm [24]
2 years ago
13

Bob Neff, owner of an automotive dealership, pays one of his salesmen, Mike, a $1,300 draw per week plus 6% on all commission sa

les. Mike sold seven cars over the four-week period, totaling $186,900 for the month. Mike's commission after the draw is:
Business
1 answer:
Dmitriy789 [7]2 years ago
5 0
The correct answer is 11 1/3. Hope this helps.<span>
The mixed number would be 11 1/3. This is because 3 goes into 34 11 times. 3 multiplied by 11 would equal 33. You have 1/3 left over after , so you get 1/3.</span>
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Suppose the united states has two​ utilities, commonwealth utilities and consolidated electric. both produce 20 million tons of
d1i1m1o1n [39]

Answer:

A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.

B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year

Explanation:

A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.

(250x20) =$5000

B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year

[250(10)+350(10)]

=$2,500+$3,500

=$6,000

5 0
2 years ago
Gomez runs a small pottery firm. He hires one helper at $13,000 per year, pays annual rent of $5,500 for his shop, and spends $2
alisha [4.7K]

Answer:

(a) $35,000

(b) $8,000

Explanation:

(a) Accounting profit:

= Total revenue - Explicit cost

= $75,000 - (wages + Annual rent + Material cost)

= $75,000 - ($13,000 + $5,500 + $21,500)

= $75,000 - $40,000

= $35,000

(b) Economic Profit:

= Total revenue - Explicit costs - Implicit costs

= $75,000 - (wages + Annual rent + Material cost) - (Income from investment + Earnings as a potter + Worth of entrepreneurial talents)

= $75,000 - ($13,000 + $5,500 + $21,500) - ($5,500 + $19,000 + $2,500)

= $75,000 - $40,000 - $27,000

= $8,000

8 0
2 years ago
Pleiss Corporation applies manufacturing overhead to products on the basis of standard machine-hours.
Zigmanuir [339]

Answer:

$24 favorable

Explanation:

The formula to compute the variable overhead efficiency variance is shown below:

= (Actual machine hours - standard machine hours) × variable overhead per hour

where,  

Actual machine hours is 2,270 machine hours

The standard machine hours is 2,280 hours and the standard variable manufacturing overhead rate is $2.40

Now put these values to the above formula  

So, the value would equal to

= (2,270 hours - 2,280 hours) × $2.40

= $24 favorable

3 0
2 years ago
Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 3 cus
bogdanovich [222]

Answer:

d. 8

Explanation:

The number of sample points in this experiment = 2^3  

                                                                                 = 8

Therefore, The number of sample points in this experiment is 8.

5 0
2 years ago
Briefly list and discuss two problems that a purchasing department sometimes has in meeting objectives.
Zielflug [23.3K]
A purchasing department may have difficulty getting a product quickly as it may not be readily available so may have to wait for it and also, there may be a problem getting a product at a  reasonable price which means the purchaser would have to search elsewhere for it which could take time.
6 0
2 years ago
Read 2 more answers
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