Alia works as a salesperson who is paid irregularly and solely on commission. In the past 52

Fantastic news! We've Found the answer you've been seeking!

Question:

Alia works as a salesperson who is paid irregularly and solely on commission. In the past 52 weeks she has earned total commissions of $104,013.00. Upon termination she also received outstanding vacation pay of $3,792.00.

Calculate alkas insurable earnings to be reported in block 15B on her record of employment (ROE)?

Related Book For answer-question

Managerial Accounting

ISBN: 978-0134128528

5th edition

Authors: Karen W. Braun, Wendy M. Tietz

See More Books

Posted Date: Apr 19, 2023 03:26 AM

See More Questions

A bakery with a December 31 st year end purchased new equipment on October 31 st 2000 for $10,000. This was their first equipment purchase. Required: What are the tax consequences if the equipment is...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
In Rev. Rul. 81-301, which of the following is not a factor considered by the IRS in determining whether a partner receives payments in her capacity as a partner, or is instead acting as a third...
Krauss Leasing Company signs a lease agreement on January 1, 2011, to lease electronic equipment to Stewart Company. The term of the non-cancelable lease is 2 years, and payments are required at the...
A double slider-crank mechanism is shown in Fig.3.22(a). Crank 2 rotates at constant angular speed $\omega_{2}=10 \mathrm{rad} / \mathrm{s}$. Determine the velocity and acceleration of each slider....
Farris Electronics is considering expanding its product line to include portable radios. Management projects that radios would sell for $$60.00$ each. Variable costs are projected to be $$25.00$...
An avant-garde clothing manufacturer runs a series of high-profile, risquÃ© ads on a billboard on Highway 101 and regularly collects protest calls from people who are offended by them....
License is completing an offer And needs the property legal decription to fisnish the contract. The best place to obtain the information is from the?
VF Corporation is an apparel company that owns recognizable brands like Timberland, Vans, Reef, and 7 For All Mankind. Exhibit 5.18 and 5.19 present balance sheets and income statements,...
1.You are considering a project that offers up the following possible payout with an opportunity cost of 20%. Time 0 1 2 Base Case -$60,000 10,000 10,000 At the end of year two, you know there is a...
A doctor prescribes 2.5 g of a drug, daily, for a patient. The pharmacist has only 500 mg tablets available. How many tablets will the patient take daily? number of tablets:
Read and respond to"Striking a 'Pose': A Brief History of Ball Culture" by Les Fabian Brathwaite & Responses: How much does ball culture rely on traditional beauty standards? How much is it...
Discuss whether you consider marketing an appropriate practice in health care. Identify similarities and differences between health care marketing and marketing in other industries. Review the ads...
Give the domain of the function below. Write your answer in interval notation. If necessary, you can use two copies of the lower case letter "o" (oo) for the symbol and an uppercase letter U for the...
What is the payback period for a $16,700 investment with the following cash flows? Year Cash Flow 123 $ 2,100 6,800 6,900 45 4 7,300 5,100
After the accounts have been adjusted at March 31, the end of the fiscal year, the following balances were taken from the ledger of Cabriolet Services Co.: Retained Earnings Dividends Fees Earned...
The figure shows a bolted lap joint that uses SAE grade 8 bolts. The members are made of cold-drawn AISI 1040 steel. Find the safe tensile shear load F that can be applied to this connection if the...
Johnston Bookstore is the bookstore on campus for students and faculty. The bookstore shows the following sales projections in units by quarter for the upcoming year: The average price of an item in...
One subunit of Carolina Sports Company had the following financial results last month: Requirements 1. Complete the performance evaluation report for the subunit (round to three decimal places). 2....
Westerville Containers currently uses a recycled plastic to make bottles for the food industry. Current bottle production information: The cost and time standards per batch of 10,000 bottles are as...
If a monopolist reduces output, the price will _________; if the monopolist expands output, the price will _________.
The situation in which one large firm can provide the output of the market at a lower cost than two or more smaller firms is called a(n) _________.
In monopoly, if the seller wants to expand output, it will have to lower its price on _________ units.

Alia works as a salesperson who is paid irregularly and solely on commission. In the past 52

Question:

Expert Answer:

Step 1 Identify the earnings to be includedIn this case we need to include the total commissions ear... View the full answer

Managerial Accounting

Students also viewed these accounting questions