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Is sales commission an expense or cost of sales?

Sales commission is a Cost of sales. But the salary of a sales agent is an expense.


What is the break even in units if a firm sells 20000 units at 40 each variable costs per unit are 10 and total fixed costs equal 120000?

1. Breakeven point = fixed cost/ contribution margin ratio contribution margin ratio: (sales - variable cost)/sales Sales = 20000 * 40 = 800000 Less: Variable cost = 20000 * 10 = 200000 Contribution margin = 600000 Contribution margin ratio = 600000/800000 = .75 Breakeven point in dollars = 120000/.75 = $160000 breakeven point in units = 160000 / 40 = 4000


What is straight commission?

Straight Commission PlanSalesperson compensation method in which only a percentage of the sales volume, but no fixed salary, is paid. The amount received by a salesperson is a function of his or her performance (and not of actual time worked) reflected in sales volume. This method is used where the objective is to (1) generate maximum short-term sales revenue at the lowest overhead cost, or (2) to employ independent sales-representatives instead of permanent sales staff. See also straight salary plan. (from: http://www.businessdictionary.com/definition/straight-commission-plan.html)


What percentage of restaurant gross sales should go to salary?

The industry standard is 30%. This all depends on what style of restaurant you are. The more fine dining the higher the wage costs will be. But no more than 40%


How much salary or pension of assistant commissioner of sale tax in uttrakhand?

As of my last update, the salary of an Assistant Commissioner of Sales Tax in Uttarakhand typically ranges from approximately ₹56,100 to ₹1,77,500 per month, depending on their experience and the pay scale assigned by the government. Additionally, they may receive various allowances and benefits. However, for the most current salary and pension details, it is advisable to check with official government sources or recent notifications, as these figures can change due to policy updates.

Related Questions

How much is sales tax on new car in Chicago Illinois?

20000


What is the average salary for a territory sales manager?

The average salary for a territory sales manager is around $82000. This site might help you out. http://www.indeed.com/salary/Territory-Sales-Manager.html


Is sales commission an expense or cost of sales?

Sales commission is a Cost of sales. But the salary of a sales agent is an expense.


What is salary for sales analyst in denmark?

The salary for a sales analyst in Denmark may vary depending on where they work and their level of experience. The average salary is about $55,000 per year.


How i calculat salary offer against the target sales?

To calculate a salary offer against target sales, first determine the percentage of the target sales that the salary represents. For example, if the target sales are $100,000 and the salary offer is $50,000, divide the salary by the target sales ($50,000 / $100,000 = 0.5 or 50%). Additionally, consider performance-based incentives or commissions that may be tied to exceeding the target, which can further influence the overall compensation package. This analysis helps ensure the salary aligns with expected performance and market standards.


What is the average income of most standard sales jobs?

The median annual income salary for a sales representative is $54,780. The lowest annual income salary is $41,119. The highest annual income salary is $71,924.


What is the salary for a national sales manager?

50 K


What is the salary for sales manager in Malaysia?

Average is $5,000.


What is the salary for a spine sales rep?

$250,000 to $600,000.


What is the average salary of a Regional Sales Manager at Trimble Navigation?

the average salary of a Regional Sales Manager at Trimble Navigation is $60, 000. This does not include annual and cash bonuses. This salary varies according to location, industry and experience.


Where could one find the average salary of a door to door sales person?

The website Adzuna lists the average salary for a door to door sales person in Canada as $37,672. This is 23% lower than the average Canadian salary.


Sales is 50000 variable expense 20000 fixed expense 20000 net income 10000 find net income if activity volume increases 10 percent percent?

$13000 or an increase of $3000.