Sales Commissions for the Grant Company Are Budgeted Based on a Percent

question 23

Multiple Choice

Sales commissions for the Grant Company are budgeted based on a percent of sales.The sales department budgeted sales of $150,000 for total commissions of $4,500.If actual sales totaled $170,000 the flexible budget will show total commissions of:

• A)$24,500
• B)$5,100
• C)$4,500
• D)$15,500

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Definitions:

Neuroticism

A personality trait characterized by a tendency towards anxiety, moodiness, worry, envy, and jealousy.

Lexical Method

A technique in personality psychology that involves analyzing language and natural speech to identify personality traits and characteristics.

Conscientiousness

A personality trait characterized by being organized, responsible, and thorough.

Agreeableness

A personality trait that reflects a person's tendency towards kindness, empathy, and cooperation with others.