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Yakvenalex [24]
2 years ago
11

Choose the method of pay that would result in the most earnings for one month on sales of $60,000.

Business
1 answer:
vfiekz [6]2 years ago
4 0
$ 60000

Here I will the calculations for the four options. You will be able to tell the which is the highest earnings

a.
Straight commission of 6% on all sales.

6% * 60,000 = 6*60,000/100 = 3,600

b.
Monthly salary of $1,500 plus 3% commission on all sales.

1,500 + 3%*60,000 = 1500 + 3*60,000/100 = 1,500 + 1,800 = 3,300
 
c.
Graduated commission of 4% on the first $50,000 in sales and 10% on anything over that.

4%*50,000 + 10%*[60,000 - 50,000] = 4*50,000/100 + 10*10,000/100 = 2,000 + 1,000 = 3,000
 
d.
Graduated commission of 5% on the first $40,000 in sales and 9% on anything over that.

4%*40,000 + 9%*[60,000 - 40,000] = 1,600 + 1,800 = 3,400
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The R.C.Willey furniture store has a sale for Memorial day weekend that if you purchase products that come over $499 a 60" TV can be purchased for only $300. This sales practice is known as<u> bundling.</u>

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Here, the firm is selling two goods at a lower price, if the consumer has also brought a product, that is price tying, for it to be bundling, the firm would have made it mandatory to buy both the goods at a certain price.

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On Kyle Thomason’s $400,000.00 loan, the lender charges a 2-point service charge. In this situation, how much will Kyle have to
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The answer is C

Explanation:

This is an interest expense.

In accounting, the rule is as follows:

Debit side increases asset and expenses while credit side decreases liability, shareholders' equity and sales or revenue.

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When a soft drink company introduced a new peach-flavored drink in a market saturated with colas, it immediately found favor wit
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2 years ago
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c

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Suppose there are 100 consumers in the computer speaker market, each with an identical demand curve given by Qi = 10 – 0.1P, whe
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Equilibrium Price = 40 ; Equilibrium Quantity = 600

Explanation:

Equilibrium is where : Market Quantity Demanded =  Market Quantity Supplied

Market Quantity Demanded = No. of Consumers x Individual Demand Curve

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Market Quantity Supplied = Qs [Given]  

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Quantity Supplied = 20 (40) - 200 = 800 - 200 = 600

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