A salesman's daily wages is composed of a fixed amount and a variable component, which is...
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A salesman's daily wages is composed of a fixed amount and a variable component, which is dependent on the number office cream units sold. He finds that when he sells 10 units on a given day, he earns Sh 600 whereas when he doubles his sales his earnings increase by only Sh 100. Determine: i) ii) 111) iv) Fixed daily earnings; Level of commission per unit sold and hence; What are the salesman's earnings if he sells 30 units? On a given day the salesman is determined to earn Sh 3500. Suppose on the previous day he had guaranteed orders of 20 units, how many more must he sell in order to achieve his target earnings? A salesman's daily wages is composed of a fixed amount and a variable component, which is dependent on the number office cream units sold. He finds that when he sells 10 units on a given day, he earns Sh 600 whereas when he doubles his sales his earnings increase by only Sh 100. Determine: i) ii) 111) iv) Fixed daily earnings; Level of commission per unit sold and hence; What are the salesman's earnings if he sells 30 units? On a given day the salesman is determined to earn Sh 3500. Suppose on the previous day he had guaranteed orders of 20 units, how many more must he sell in order to achieve his target earnings?
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Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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