Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

D.2 (1). Mr. Salim, Mr. Ahmed, Mr. Khalid and Mr. Sulaiman are employee of HygeineX Farma LLC. During the COVID-19 lockdown period they prepared total

image text in transcribed
D.2 (1). Mr. Salim, Mr. Ahmed, Mr. Khalid and Mr. Sulaiman are employee of HygeineX Farma LLC. During the COVID-19 lockdown period they prepared total of 36000 pieces of hand sanitizer bottles. The ratio of preparation among the four are as 10:25:35: 20. The company pays them on piece rate basis, 50 baisa per piece. Calculate their gross pay in terms of OMR. (4 Marks) (2). Mr. Bassam is a sales executive for Medicare LLC. During the COVID-19 lockdown period he made OMR 275000, retail distribution contracts. Calculate the gross pay of Mr. Bassam if 0). He get a straight commission of 1.5% with an advance of OMR 500. (1.5 Marks) m). He is paid commission as 1% on OMR 1 to OMR 150000 2% on OMR 150001 to OMR 200000, 2.5% on OMR 200001 to OMR 250000 and 3% on all remaining sales, (2.5 Marks) (iii) He get a OMR 1000 monthly salary plus 2.35% commission over OMR 225000. (2 Marks)

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

More Books

Students also viewed these Accounting questions