Calculations

Question 1

To Calculate a Bonus of 25% on sales over $100K ($60K in this example, less the bonus)

Answer 1

Bonus = 0.25 x ($160,000 - $100,000 - Bonus)
Bonus = 0.25 x ($60,000 - Bonus)
Bonus = $15,000 - (.25 x Bonus)
Bonus + (0.25 x Bonus) = $15,000
1.25 (125%) x Bonus = $15,000
Bonus = $15,000 / 1.25
Bonus = $12,000

Question 2

Cost of Goods Sold

Answer 2

Payments to Suppliers - Inventory Increase + AP Increase

Question 3

Average Current Cost of COGS

Answer 3

Units Sold x (Cost at Beginning of Year + Cost at End of Year / 2 )