Commission on Sales

Related BrainMass Solutions

• Calculating Profits based on Sales Commissions

  We get Sales (18,000X40) = 720,000 Variable Cost (18,000X29) = 522,000 Commission (15% on sales) = 108,000 Fixed Cost = 50,000 ( 140,000-90,000) Net Income = 40,000 Here the commission plan is more attractive as the net income is higher.

• Calculating Income based on Salary and Commission

  Total salary = base salary + commission on first 100,000 + commission on all sales above 100,000 2025 = 1250 + (0.4% *100,000) + (.5% * (total sales - 100,000)) Simplify the commission on the first 100,000 first 0.4% * 100,000 = 0.004 * 100,000 =

• Create a Worksheet in an Excel Spreadsheet for Payroll and Commission

  If sales are below $1,000, then the commission paid is 5% of the sales. If sales are between $1,000 and $3,999.99, the commission paid is 10% of the sales. If sales are $4,000 or higher, the sales person receives a 12.5% commission rate.

• COST STRUCTURE; BREAK-EVEN POINT; TARGET PROFITS

  The sales agents are currently paid an 18% commission on sales, and this commission rate was used when Hard Rock's management prepared the following budgeted income statement for the upcoming year.

• Spreadsheet Creation for Sales Management

  On Payroll Amount, the condition is that the sales persons has the option to receive either their commission or hourly pay earned, whichever is highest.

• Sales Commission Application

  Verify that the gross sales displayed is correct, that the percentage of commission is correct and that the earnings displayed is correct based on the commission assigned. h) Closing the application.

• Excel Spreadsheet: Payroll Calculator

  If sales are below $1,000, then the commission paid is 5% of the sales. If sales are between $1,000 and $3,999.99, the commission paid is 10% of the sales. If sales are $4,000 or higher, the sales person receives a 12.5% commission rate.

• CONSIGNMENT ACCOUNTING

  The dealer is paid a 10% commission on the sale price for all sales made. All dealer sales are made on a cash basis.

• How to generate a report of sales commissions and income

  31737 Using Arrays in C, For a company which employs sales persons on a salary and commission basis, compute the total dollar sales, total commission and total income of each salespersons including commission and fixed salary.