Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

business mathematics D. (1). Bahwan Automobiles Company has categorized their employees as Manager, Salesman and workshop supervisor. Ahmed is working as manager and Ali is

business mathematics
D.
(1). Bahwan Automobiles Company has categorized their employees as Manager, Salesman and workshop supervisor. Ahmed is working as manager and Ali is working as Salesman.
Mangers are getting pay using differential pay method.
Salesmans are getting variable commission scale.
The scale is given below
Units sold Amount per unit (OMR) Commission
1-1000 0.5 20%
1001- 1500 0.65 30%
1501- 2200 0.70 40%
Over 2200 0.80 45.5%
(a) Calculate gross pay if,
(i). Ahmed sold 1800 units in the month of February.
(ii). Ali made a net sale of 3000 units
(iii). If Ahmed get a draw of 300, what will be his gross pay?
(2). Khalid is working as workshop supervisor and getting hourly rate of pay, for 30 hours per week. He is eligible for overtime (time-and-a-half)
During the month of April, company asked Khalid to work according to following schedule.
Name Ali
Day Time in Time out
Sun 8:00 AM 2:00 PM
Mon 8:00 AM 3:00 PM
Tue 8:00 AM 3:30 PM
Wed 8:00 AM 2:30 PM
Thu 8:00 AM 5:00 PM
(i). Calculate his gross pay if he is getting OMR 5 per hour.
(ii) If company revised his rate per hour as OMR 7.5, recalculate his gross pay.
image text in transcribed
TO SLICI Yvonne Units sold Amount per unit (OMR) Commission 1-1000 0.5 20% 1001 - 1500 0.65 30% 0.70 40% 1501- 2200 Over 2200 0.80 45.5% (a) Calculate gross pay it (1). Ahmed sold 1800 units in the month of February (2.5 Marks) (). Ali made a net sale of 3000 units (2.5 Marks) (1). If Ahmed get a draw of 300, what will be his gross pay? (1 Mark) (2). Khalid is working as workshop supervisor and getting hourly rate of pay, for 30 hours per week. He is eligible for overtime (time-and-a- half) During the month of April, company asked Khalid to work according to following schedule. Name Ali Day Time in Time out Sun 8:00 AM 2:00 PM 8:00 AM 3:00 PM Mon Tue 8:00 AM 3:30 PM Wed 8:00 AM 2:30 PM Thu 8:00 AM 5:00 PM

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Blockchain Techonology In Accounting And Auditing

Authors: Prof Oleksandr Melnychenko

1st Edition

1976900328, 978-1976900327

More Books

Students also viewed these Accounting questions

Question

When is it appropriate to use a root cause analysis

Answered: 1 week ago

Question

What are negative messages? (Objective 1)

Answered: 1 week ago