5) If a company pays its sales force the following for its sales in the last two years, what is the annualfixed cost per sales dollar?alendarSales force salary152,500175,000If the company employs 3 salespeople, what is the average salary in a year where they sell $2,750,000?< PreviousYear20202021To DoNotificationsAnnual sales2,450,0002,900,000InboxNext >

To calculate , annual fixed cost per sales dollar, we have to take Difference of Sales and subtract…

If a company pays its sales force the following for its sales in the last two years, what is the annual fixed cost per sales dollar? Sales force salary Annual sales 2,450,000 152,500 175,000 2,900,000 If the company employs 3 salespeople, what is the average salary in a year where they sell $2,750,000? Year 2020 2021

If a company pays its sales force the following for its sales in the last two years, what is the annual fixed cost per sales dollar? Sales force salary Annual sales 2,450,000 152,500 175,000 2,900,000 If the company employs 3 salespeople, what is the average salary in a year where they sell $2,750,000? Year 2020 2021

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Assuming the selling price and cost changes in the Marketing Plan are adopted:a. prepare a CVP Income Statement (total and per unit) for 2020, assuming sales and production increase by 18% as outlined in the Marketing Plan.b. Using the above CVP Income Statement, determine the Company’s Contribution Margin Ratio for 2020.c. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the break-even point in number of knives for the company in 2020. For full credit, please show the elements of your computations. Round to the nearest next whole unit.
4. Hughes Cable Systems plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Specifically, the company will set aside I % of total sales for yearend bonuses for all its employees. The sales are expected to be $5 million the first year, $6 million the second year, and amounts increasing by 20% each year for the next 5 years. At an interest rate of 10% per year, what is the equivalent annual worth in years I through 5 of the bonus package?
Assuming that the amount of fixed costs is expected to remain at P190,000 for 2021. and the sales price per unit and variable costs per unit are also expected to remain constant, how much profit before tax will be produced if the company anticipates that the 2021 sales will be rising to 130% of the 2020 level.
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Q1 Libscomb Technologies' annual sales are $5,153,262 and all sales are made on credit, it purchases $3,894,023 of materials each year (and this is its cost of goods sold). Libscomb also has $500,636 of inventory, $477,741 of accounts receivable, and $490,466 of accounts payable. Assume a 365 day year. What is Libscomb’s Inventory Turnover?
Toys Manufacturing incurs annual fixed costs of P250,000 in producing and selling “Tales.” Estimated unit sales for 2019 are 125,000. An after-tax income of P75,000 is desired by management. The company projects its income tax rate at 40 percent. What is the maximum amount that Toys can expend for variable costs per unit and still meet its profit objective if the sales price per unit is estimated at P6? P3.37 P3.59 P3.00 P3.70
Assuming NUBD incorporate these changes in its 2021 forecast, what should be the net income after tax from product Excellence?
Q15 Under Present value future earnings model, how to compute the value of human resource if Mr. Ansari is appointed at the age of 30 in the organization and his service period expires in 30 years, once he attains the age of 60. The p.v. factor is assumed at 10%. Incase if Mr. Ansari draws a salary of OMR 600 per month then how is salary computed according to this method? a. All options are correct b. His each year’s salary of OMR 7,200 is multiplied with p.v. factor at the rate of 10% c. His salary is OMR 7,200 every year up to 30 years of his service. d. Finally net present value is found and added to get the p.v. of future earnings
A. Calculate the gross profit margin for Pearson and litt for 2020 B. Explain the results of the gross margin profit calculation
8 The company recorded $5,000 sales with 60% contribution margin ratio in 2019. According to the sales manager, the company can increase the sales volume by 30% this year if the company spends $400 as advertisement expense and decreases the selling price by 10%, while unit variable cost remains the same. If CEO approves the plan, how does it affect the net operating income in 2020? А. $150 Decrease В. $250 Decrease С. $110 Increase D. $250 Increase Е. $510 Increase
Journey's Umbrella Factory • Sales Forecast for Q4 in 2022: Selling price = $20 per umbrella o October 20,000 units o November 22,000 units o December 25,000 units o January '23 21,000 units • Journey's will begin Q4 with 28,000 units in finished goods (FG) • Journey's wants to end each month with 120% of the next month's projected sales in finished goodsinventory • Each umbrella requires 5 lbs. of direct material • Direct material costs $2.00 per lb. • Journey's will begin the 4th quarter with 10,000 lbs. of direct materials but would like o 20,000 lbs. of direct materials at the end of October, o 35,000 lbs. of direct materials at the end of November, and • 40,000 lbs. of direct materials at the end of December. • It takes 12 minutes of direct labor hours to make one umbrella • Workers earn $12 per hour Use the above information to answer the question below. QUESTION: What is the cost of direct materials to be bought for the month of December for Journey's? O $184,000 O $92,000 O…

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