compute the following. 1. Engelbert is a Marketing Manager earning an annual salary of P150 000, a commission on his own sales of 2%, and an override of -% on his men's sales. His men are entitled to 4-% commission on their own sales plus a basic monthly pay of P8 600 and transportation allowance of P1 200. Engelbert is also entitled to transportation and representation allowance of P1 500 a month. For the past month, Engelbert has total sales of P385 360 while his men sold as follows: Homer, P254 125 Pacifico, P88 194 Oliver, P128 46o Edward, P99 295 Compute for the gross earnings of Engelbert and each of his men.

compute the following. 1. Engelbert is a Marketing Manager earning an annual salary of P150 000, a commission on his own sales of 2%, and an override of -% on his men's sales. His men are entitled to 4-% commission on their own sales plus a basic monthly pay of P8 600 and transportation allowance of P1 200. Engelbert is also entitled to transportation and representation allowance of P1 500 a month. For the past month, Engelbert has total sales of P385 360 while his men sold as follows: Homer, P254 125 Pacifico, P88 194 Oliver, P128 46o Edward, P99 295 Compute for the gross earnings of Engelbert and each of his men.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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