A retail organization's sales salaries consist of a base amount plus a commission of 5 percent on

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A retail organization's sales salaries consist of a base amount plus a commission of 5 percent on each sale. Which of the following would properly classify the cost of sales salaries?

Select one:

Fixed and product

Variable and product

Mixed and product

Mixed and period

Related Book For answer-question

Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Posted Date: Jan 02, 2021 05:55 PM

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A retail organization's sales salaries consist of a base amount plus a commission of 5 percent on

Question:

Expert Answer:

Answer i In the given case sales salaries are consist of fixed amount and variable per... View the full answer

Fundamental Managerial Accounting Concepts

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