Mary is a sales person for Challenge Furniture. She receives an incremental commission based on the table below. If she sells $28,000 and has already received a draw of $766.15, howmuch commission is still owed to Mary?LevelSales volumeCommission Rate1$0-11,7003.1%2$11,700-21,2004.3%3Over $21,2004.9%Need Help?Read ItWatch ItMaster itSubmit Answer4. [0/1 Points]'DETAILSMY NOTESBRECMBC9 9.1.028.PREVIOUS ANSWERSASK YOUR TEACHERPRACTICE ANOTHERJerry King is a server in a restaurant that pays a salary of $28 per day. He also averages tips of 18% of his total gross food orders. Last week he worked 6 days and had total food orders of$2,962.50. What was his total gross pay for the week (in $)?xNeed Help?Read ItSubmit Answer

Answered: Mary is a sales person for Challenge…

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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Show the solution in good accounting form The home office ships merchandise to the branch at 25 percent above cost. At what amount should the Home Office account be credited if merchandise costing P120,000 will be shipped?
Assuming that Ms. Aysha Alshuili was working as a Marketing manager of a Saud Bahwan Automobiles LLC for 5 years. She then started her own business named THE BEST OMANI DATES. She purchased different types of Omani dates from a manufacturer and sells wholesale and retail traders across Oman. Her terms of credit are 3/10, n/60 for all customers. The business will give 5% trade discount only for wholesale customers and 2% of cash discount for immediate cash payment. Her selling price of Dates per kg is OMR 3 for all the customers. 1- Assume that a retail customer who purchased 10 kg of dates on 10th day of November 2020 and paid cash immediately. What will be the amount payable by the retail customer? 2- Assume that a wholesale trader who purchased 1000 kg of dates on 1st day of November 2020 and made the final payment on 11th day of November 2020. What will be the amount payable by the wholesale trader?
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Can you assist please The BEV Toy Shop purchased 50 wagons at $45 per wagon less a 40% trade discount on May 8. The invoice had terms of 3/10, 2/20, N/30. On May 18, the shop sent a check for an amount that gave it a credit for ½ the balance due. On May 31, the remaining balance was paid. The shop expects a profit of 30% of cost and 15% of cost for operating expenses. From May until the end of September, the shop sold 40 wagons at its regular markup. From September through December, the remaining wagons were sold with a 35% markdown price. It is your task to determine the following, remembering to show and label all calculations: The regular list price per wagon rounded to the nearest cent. The reduced list price per wagon rounded to the nearest cent. The total revenue received from the sale of all wagons. thanks
Assuming that Ms. Aysha Alshuili was working as a Marketing manager of a Saud Bahwan Automobiles LLC for 5 years. She then started her own business named THE BEST OMANI DATES. She purchased different types of Omani dates from a manufacturer and sells wholesale and retail traders across Oman. Her terms of credit are 3/10, n/60 for all customers. The business will give 5% trade discount only for wholesale customers and 2% of cash discount for immediate cash payment. Her selling price of Dates per kg is OMR 3 for all the customers. Which of the following type of business is operated by Ms. Aysha Alshuili? a. Manufacturing business b. Wholesale merchandise business c. Retail merchandise business d. Wholesale and retail merchandise business
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