Kenya earns a biweekly salary of $575 plus 13.5% commission on net sales over $1,500. Her total sales in the past week were $1,968.00 with $105.00 in returned sales. Her total sales the week before were $2,245.91 with $256.90 in returned sales. What is Kenya's gross earnings for the two-week period?
A) $892.52
B) $568.88
C) $362.31
D) $317.52
A
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All the following statements regarding the media are true, except:
A) They cooperate fully with the NGO but not the business B) Print media may have a less immediate response to business news than television media C) The social media has come to dominate knowledge dissemination D) Dealing with the media is part of the business manager's job E) Access-to-information law is used by media
Where is access control exercised in the purchasing/cash disbursement functions?
When used for performance evaluation, periodic internal reports based on a responsibility accounting system should not
a. be related to the organization chart. b. include allocated fixed overhead. c. include variances between actual and budgeted controllable costs. d. distinguish between controllable and noncontrollable costs.
The fair value method is used to account for available-for-sale investments because they are normally sold in the near future at their current market value
Indicate whether the statement is true or false