Yes a salesperson salary would be classified as a period cost.
50,000/yr
Salary is typically considered a fixed cost because it remains constant regardless of the level of production or sales within a certain range. For example, employees on a salary receive the same amount each pay period, irrespective of how much work is generated. However, in some cases, salaries can have variable components, such as bonuses or commissions, which can fluctuate based on performance or company profits.
Yes, salary and commission can be considered a mixed cost. Salary represents a fixed cost since it is usually a consistent, predetermined amount paid to employees, regardless of performance. In contrast, commission is a variable cost that fluctuates based on sales performance or productivity. Together, they create a mixed cost structure that combines both fixed and variable components.
only salaries of employees engaged in selling can be classified as selling expense..salary of salesperson,saleslady,salesman,sales supervisor are the examples that fall under selling expense..it is classified as selling expense, simply because the expense occurred in selling department.
yes
Salary of factory manager is Manufacturing overhead. and Manufacturing overhead is Product costs. So, It's not period cost.
no...product cost
Accounting staff are considered executive costs which would be a period cost.
50,000/yr
Salary of supervisor is a period cost because supervisor has not play any role in direct making of unit of product which is a must criteria for any cost to be a product cost.
No. A companies president salary is a period cost.
Variable if the psychiatrist is paid at a certain rate hourly or daily; fixed if the salary is fixed for a given period (i.e.) annually).
ive heard 45k - 111k depending on how good u are it varys alot
salary is period of time ?
It depends if you make commission and if so what % you get per sale. Also it depends how good of a salesperson you are.
The average salary of a software salesperson is about 47,000 dollars per year. Many software sales are on commission so it is possible to make much more with sufficient effort.
If salary is on per lecture basis then it is variable cost otherwise it is fixed cost.