Lacie Bingham, an outside sales representative for Redoo Insurance, receives 4 percent commission on all new policies
Question:
Lacie Bingham, an outside sales representative for Redoo Insurance, receives 4 percent commission on all new policies she receives in her sales territory. During the pay period ending April 16, she sold $150,000 of new policies and worked 40 hours.
What is her gross pay?
Is she subject to minimum wage laws?
Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 82% (17 reviews)
What is her gross pay 6000 Is she su...View the full answer
Answered By
Mwangi Clement
I am a tried and tested custom essay writer with over five years of excellent essay writing. In my years as a custom essay writer, I have completed more than 2,000 custom essays in a diverse set of subjects. When you order essays from me, you are working with one of the best paper writers on the web. One of the most common questions I get from customers is: “can you write my essay?” Upon hearing that request, my goal is to provide the best essays and overall essay help available on the web. I have worked on papers in subjects such as Nursing and Healthcare, English Literature, Sociology, Philosophy, Psychology, Education, Religious Studies, Business, Biological Sciences, Communications and Media, Physical Sciences, Marketing and many others. In these fields, my specialties lie in crafting professional standard custom writings. These include, but are not limited to: research papers, coursework, assignments, term papers, capstone papers, reviews, summaries, critiques, proofreading and editing, and any other college essays.
My extensive custom writings experience has equipped me with a set of skills, research abilities and a broad knowledge base that allows me to navigate diverse paper requirements while keeping my promise of quality. Furthermore, I have also garnered excellent mastery of paper formatting, grammar, and other relevant elements. When a customer asks me to write their essay, I will do my best to provide the best essay writing service possible. I have satisfactorily offered my essay writing services for High School, Diploma, Bachelors, Masters and Ph.D. clients.
I believe quality, affordability, flexibility, and punctuality are the principal reasons as to why I have risen among the best writers on this platform. I deliver 100% original papers that pass all plagiarism check tests (Turnitin, Copyscape, etc.). My rates for all papers are relatively affordable to ensure my clients get quality essay writing services at reasonable prices.
4.50+
5+ Reviews
14+ Question Solved
Related Book For
Payroll Accounting 2019
ISBN: 978-1259917073
5th edition
Authors: Jeanette Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
Cathy, an outside sales representative for a magazine company, receives 10% commission on all new subscriptions she receives in her sales territory. This week she sold $5,000 of new subscriptions and...
-
Mareka, an outside sales representative for an insurance company, receives 3% commission on all new policies she receives in her sales territory. This week she sold $150,000 of new policies and...
-
Renata McCarter, an outside sales representative for Alinda Publications, receives 15 percent commission on all new magazine subscriptions she receives in her sales territory. During the week of...
-
Task 1 You need to produce a report that demonstrates analytical and practical skills and use these to explain the effects of loads on pin-jointed frames, suggesting improvements to the structures....
-
Why does the Dabbawalas' service offer such amazing dependability?
-
Use the expression in Problem 54 to find (a) The maximum range of a projectile with launch speed v i and (b) The launch angle at which the maximum range occurs. Data from in Problem 54 The range R...
-
Consider the calculation of an external rate of return (ERR). The positive cash flows in the cash flow profile are moved forward to \(t=n\) using what value of \(i\) in the \((F \mid P i, n-t)\)...
-
On May 31, 2017, Reber Company had a cash balance per books of $6,781.50. The bank statement from New York State Bank on that date showed a balance of $6,404.60. A comparison of the statement with...
-
Write the following expression in expanded form. (x+5)4 In (x-1)x+2
-
North Great Timber Company will pay a dividend of $1.50 a share next year. After this, earnings and dividends are expected to grow at a 9 percent annual rate indefinitely. Investors currently require...
-
Jesse Daniels is a commission-based employee who is single with one withholding allowance. She is paid $13.50 per hour and receives a 5 percent commission on net sales. She does not receive...
-
For each of the piece rate workers at Perigen Snowsports, determine gross pay. If the employees have a standard 37.5-hour workweek, determine their effective hourly rate. Based on FLSA minimum wage...
-
Maya exchanges an office building with a fair market value of $200,000 and a basis of $110,000 for $20,000 cash and a warehouse with a fair market value of $300,000. In the exchange, she assumes the...
-
You are employed by Mobility Global (MG) as a Senior Management Accountant. Like other businesses, MG has been exposed to challenges facing the UK including Brexit, COVID-19, The Russo-Ukranian War,...
-
Assuming that the fixed costs of producing the new product are $1,000,000, and the variable costs are $1,000 per unit, how many units does ABC Ltd. have to sell to break even at a price of $2,000?
-
according to the following 2017 data for floyd company, a closely held corporation, what is its taxable income? Net passive loss. $5,000 Net active income. $3,000 Net portfolio income $4,000
-
A fixed asset with a cost of $34,636.00 and accumulated depreciation of $31,172.40 is sold for $5,888.12. What is the amount of the gain or loss on disposal of the fixed asset?
-
Looney, Inc company produces several electronic devices in their Georgia factory. Looney, Inc has the following costs related to manufacturing and selling 100,000 B37 devices. Direct materials...
-
The Galileo thermometer, or Termometro Lentos (slow thermometer in Italian), consists of a vertical, cylindrical flask containing a fluid and several glass floats of different color. The floats all...
-
Anna, a high school counselor, devised a program that integrates classroom learning with vocational training to help adolescents at risk for school dropouts stay in school and transition to work...
-
Adrienne Norman terminated her employment with Univee Inc. on December 15, 2017. When is the earliest that Univee Inc. may destroy her payroll records?
-
You are the payroll accounting clerk for your company, Conose Advertising, which has 50 employees. The controller has asked for assistance in determining which accounting software package is best...
-
The controller has requested your assistance to price various accounting software programs available for document retention, payroll preparation, and financial reporting. What requirements should you...
-
Esther and Moses got engaged during December 2020 are happily anticipating their upcoming nuptials in December 2021. One of their friends informed them that they could choose the type of matrimonial...
-
Computer Assisted Audit Tools and Techniques: Imagine you're working as an auditor, and your assignment involves using computer - assisted audit tools to analyze a substantial dataset of financial...
-
Generate a set of 5 equidistant points within [-1 1] from the function 1+25 b) Plot the resulting function along with the data points on the same graph. Employ MATLAB's spline function to interpolate...
Study smarter with the SolutionInn App