Question $3$ options:

Invoice Date: June $14$

Invoice Terms: $4/10,2/15,$ n$/30$ ROG

Invoice Total: $$21,772\mathrm{.}52$

Freight $($not incl.$)$: $$199$

Goods received: July $18$

Paid: July $30$

What is the invoice total?

Answer is:

Question $4(2$ points$)$

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Invoice Date: March $19$

Terms: $4/10,3/15,$ n$/30$

Invoice total: $$25,420$

Freight $($incl$)$: $$270$

Partial payment of $$18,000$ made on March $31.$

What is the balance of the invoice. Show your work and answer in the textbox.

Question $4$ options:

Question $5(2$ points$)$

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Question $5$ options:

Invoice Date: August $04$

Invoice Terms: $3/10,$ n$/30$

Invoice Total: $$81,382\mathrm{.}38$

Freight $($incl$.)$: $$620$

Paid: August $13$

What is the invoice total?

Answer is:

Question $6(2$ points$)$

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Question $6$ options:

A local camera shop sells memory cards. The store marks up on cost using a rate of $265\%.$ The cost of a single memory card is $$3\mathrm{.}82.$ What is the selling price of a memory card? Answer is:

Question $7(2$ points$)$

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Question $7$ options:

An electric guitar has a cost of $$632\mathrm{.}81$ and is sold for $$1,199\mathrm{.}99.$ What is the markup rate based on cost$?$ Round to the nearest tenth percent. Answer is:

Question $8(2$ points$)$

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A sporting goods company makes baseball bats. The variable cost of a baseball bat is $$3\mathrm{.}16,$ and they are sold for $$7\mathrm{.}00.$ The fixed costs of operating their business is $$276287.$ What is the breakeven point? Show your work and sentence answer with correct units in the textbox.

Your Answer:

Question $8$ options:

Answer

Question $9(1$ point$)$

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A business makes laptop cases in a factory. The insurance cost for the factory can be classified as:

Question $9$ options:

Breakeven point

Fixed cost

Variable cost

None of the above

Question $10(1$ point$)$

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The breakeven point is a dollar amount.

Question $10$ options:

True

False

Question $11(2$ points$)$

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A factory produces vacuum cleaners that sell for $$380\mathrm{.}01$ The company has fixed costs of $$4433875.$ The variable costs of a vacuum cleaner total $$51\mathrm{.}54.$ What is the breakeven point?

Your Answer:

Question $11$ options:

Answer

Question $12(2$ points$)$

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Question $12$ options:

An employee worked the following hours last week:

Mon: $4$:$30$

Tue: $5$:$45$

Wed: $6$:$15$

Thu: $4$:$00$

Fri: $5$:$45$

Sat: $4$:$00$

Sun: $5$:$00$

The employee's wage is $$28\mathrm{.}58/$ hr$.$ What is the employees total overtime and what is the total pay? Use the $8/44$ rule.

Overtime hours:

minutes:

Total pay is:

Question $13(2$ points$)$

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Question $13$ options:

An employee worked the following hours last week:

Mon: $7$:$45$

Tue: $6$:$15$

Wed: $8$:$30$

Thu: $5$:$45$

Fri: $4$:$15$

Sat: $3$:$15$

Sun: $7$:$45$

The employee's wage is $$27\mathrm{.}66/$ hr$.$ What is the employees total overtime and what is the total pay? Use the $8/44$ rule.

Overtime hours:

minutes:

Total pay is:

Question $14(2$ points$)$

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Question $14$ options:

An employee worked the following hours last week:

Mon: $6$:$45$

Tue: $8$:$30$

Wed: $7$:$15$

Thu: $6$:$45$

Fri: $5$:$00$

Sat: $8$:$00$

Sun: $3$:$15$

The employee's wage is $$16\mathrm{.}94/$ hr$.$ What is the employees total overtime and what is the total pay? Use the $8/44$ rule.

Overtime hours:

minutes:

Total pay is:

Question $15(2$ points$)$

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Question $15$ options:

Global Food Additives Inc. sells additives that prolong various food products on store shelves. They pay their salespeople a salary of $$2,412/$ month with a commission of $2\mathrm{.}8\%.$ They also provide a draw of $$350.$ If a salesperson has $$37,290$ in sales, how much is the total pay? Answer is:

Question $16(2$ points$)$

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An employee earns commission based on their variable commission scale:

$0-$ $$10,000$: $2\mathrm{.}2\%$

$$10,000-$ $$20,000$: $2\mathrm{.}9\%$

Over $$20,000$: $3\mathrm{.}4\%$

If an employee makes $$23,400$ in sales, what is their total pay?

Question $16$ options:

Question $17(2$ points$)$

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Question $17$ options:

A sales employee makes a salary of $$2,188/$ month and a commission of $3\mathrm{.}3\%$ on all sales. The sales for the month were $$33,299.$ What is the total earnings for this employee? Answer is: