10% of commision

Costing

Sir what about the 10% commission on taking and we didn't add up to the salary as It is running charges why didn't we add up ? It is inclusive with salary right ? Video Details ------------- Cost and Management Accounting Service Costing #8. Illustration 4 - Part 2

Jashvanth.K

CA Inter

★ 11K+

21-Feb-25 18:47

317

Answers (2)

Best Answer

the profit margin is 15% and drivers commission is 10%. So out of the total amount collected, we would need to earn 25%. If cost is 0.28125 - it represents 75% So for 100% it is = 0.28125/.75 = 0.375

CA Suraj Lakhotia

Admin

25-Feb-25 17:54

Oh ok sir thanks

Thread Starter

Jashvanth.K

CA Inter

★ 11K+

25-Feb-25 17:58