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i need help with getting the managers bonus with explanation on how to calculate please.This is all the info given. AccuTax, Inc. Budgeted operating Income
i need help with getting the managers bonus with explanation on how to calculate please.This is all the info given.
AccuTax, Inc. Budgeted operating Income For the Year ended August 31, 2016 Revenue Payroll expenses: Partner Manager Senior consultants-base pay Consultants: 960,000 Full-time Part-time 0.000 Support staff General and administrative expenses Operating income before bonus to manager Less: Managers bonus Operating income before taxes Total compensation for the manager Salary Bonus Total 3,840,000 250,000 91,200 720,000 970,000 297,500 2,328,700 382,870 1,128,430 62,843 1,065,587 91,200 62,843X 154,043 AccuTax, Inc. Budgeted operating Income For the Year ended August 31, 2016 Revenue Payroll expenses: Partner Manager Senior consultants-base pay Consultants: 960,000 Full-time Part-time 0.000 Support staff General and administrative expenses Operating income before bonus to manager Less: Managers bonus Operating income before taxes Total compensation for the manager Salary Bonus Total 3,840,000 250,000 91,200 720,000 970,000 297,500 2,328,700 382,870 1,128,430 62,843 1,065,587 91,200 62,843X 154,043
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