As a Retail Travel Professional, you have booked your clients a 7night Tour Package for 2 adults
Fantastic news! We've Found the answer you've been seeking!
Question:
As a Retail Travel Professional, you have booked your clients a 7night Tour Package for 2 adults at a Gross Price of $1404.00 plus $341.18 taxes based on double occupancy.
If the Tour Operator pays 8% commission,calculate the Commission Earned, HST on Commission,and Net Remittance to the Tour Operator.
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
An engine is fitted with a flywheel that has a mass of 22.5 kg and has a radius of gyration of 0.2 m. The load torque is constant and the crankshaft torque can be represented by the expression Torque...
-
Costing details to use for the assignment, all are Canadian dollars- #You are a Toronto based tour operator with a series of flights starting up from Halifax to St. Lucia #The charter will operate...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
When VGS = 0.5 VGS(off) . gm. is -------------- the maximum value. Select one: a. one-fourth b. three-fourths c. equal to d. one-half
-
Kapoor Company uses job-order costing. During January, the following data were reported: a. Materials purchased on account: direct materials, $98,500; indirect materials, $14,800. b. Materials...
-
A confidence interval for 1 is to be constructed from a sample of 20 points. How many degrees of freedom are there for the critical value?
-
Identify whether each of the following headlines represents a microeconomic topic or a macroeconomic topic. a. U.S. Unemployment Rate Reaches Historic Highs b. General Motors Closes Auto Plant in...
-
Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $6 million. The equipment will be depreciated straightline over 6 years, but, in fact,...
-
5 0/2 points Calculate the sum of the squared deviations for the data represented in the table below. (material covered 3/2) Data Frequency Value 3 10 4 11 5 13 6 9 90.78
-
Chumpy Lighting Limited manufactures a wide variety of light bulbs which it sells to lighting shops and builders merchants through wholesale distributors. It also sells direct to the big UK...
-
Butterfly-style valves used in heating and ventilating industries have a high flow coefficient. Flow coefficient can be modeled by a normal distribution with mean \(496 C_{V}\) and standard deviation...
-
Using a supply and demand diagram, explain how central banks maintain a fixed exchange rate. What can cause an end to the fixed-exchange-rate regime?
-
Write a script for two speakers arguing about globalization and its effects. Give each speaker a name, and then write a script for a debate between the two. The debate should be no longer than two...
-
The time for oil to percolate to all parts of an engine can be treated as a random variable having a normal distribution with mean 20 seconds. Find its standard deviation if the probability is 0.25...
-
For a \(N(15,5)\) distribution. Find the specified areas for a normal distribution. (a) The area to the right of 28 (b) The area to the left of 12
-
A. Select a recent issue (paper or online) of Report on Business Magazine, Canadian Business Magazine (online only), Bloomberg Businessweek, Fast Company, The Economist, or another business magazine....
-
Write out the formula for the total costs of carrying and ordering inventory, and then use the formula to derive the EOQ model. Andria Mullins, financial manager of Webster Electronics, has been...
-
The Dilly Company marks up all merchandise at \(25 \%\) of gross purchase price. All purchases are made on account with terms of \(1 / 10\), net/60. Purchase discounts, which are recorded as...
-
The Patton Corporation has gone through a period of rapid expansion to reach its present size of seven divisions. The expansion program has placed strains on its cash resources. Therefore, the need...
-
Tomlinson Retail seeks your assistance to develop cash and other budget information for May, June, and July 20X6. At April 30, 20 X 6, the company had cash of \(\$ 5,500\), accounts receivable of...
Study smarter with the SolutionInn App