Online Sales Retail Sales 1 to 10 skeins 11 to 20 skeins Over 20 skeins 1 to 10 boxes 11 to 20 boxes Over 20 boxes An analysis of the previous year's records produced the following statistics. Order Size Small Medium Large Items Retail sales boxes (12 skeins per box) Online sales, skeins Number of retail orders Number of online leads Small Sales commissions Pay-per-click/Search engine optimization Cost of online sales Credit and collection Total cost for all orders of a given size Units (skeins) sold Unit cost per order of a given size 4,500 84,000 535 351,830 Order Size $ Medium Required: 1. Prepare a schedule showing TCC's total selling cost for each order size and the per-skein selling cost within each order size. Note: Round your intermediate calculations and unit cost per order to 2 decimal places. Small 52,500 57,000 2,665 319,370 TEXTILE CRAFT COMPANY Computation of Selling Costs By Order Size and Per Skein Within Each Order Size Large 183,000 49,000 4,300 100,500 0 $ Order Size Medium Total 240,000 190,000 7,500 771,700 0 $ Large $ 0 $ Total 0 O O 0 0

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Online Sales
Retail Sales
1 to 10 skeins
11 to 20 skeins
Over 20 skeins
1 to 10 boxes
11 to 20 boxes
Over 20 boxes
An analysis of the previous year's records produced the following statistics.
Order Size
Small
Medium
Large
Items
Retail sales boxes (12 skeins per box)
Online sales, skeins
Number of retail orders
Number of online leads
Small
Sales commissions
Pay-per-click/Search engine optimization
Cost of online sales
Credit and collection
Total cost for all orders of a given size
Units (skeins) sold
Unit cost per order of a given size
4,500
84,000
535
351,830
Order Size
$
Medium
Required:
1. Prepare a schedule showing TCC's total selling cost for each order size and the per-skein selling cost within each order size.
Note: Round your intermediate calculations and unit cost per order to 2 decimal places.
Small
52,500
57,000
2,665
319,370
TEXTILE CRAFT COMPANY
Computation of Selling Costs
By Order Size and Per Skein Within Each Order Size
Large
183,000
49,000
4,300
100,500
0 $
Order Size
Medium
Total
240,000
190,000
7,500
771,700
0 $
Large
$
0 $
Total
0
O
O
0
0
Transcribed Image Text:Online Sales Retail Sales 1 to 10 skeins 11 to 20 skeins Over 20 skeins 1 to 10 boxes 11 to 20 boxes Over 20 boxes An analysis of the previous year's records produced the following statistics. Order Size Small Medium Large Items Retail sales boxes (12 skeins per box) Online sales, skeins Number of retail orders Number of online leads Small Sales commissions Pay-per-click/Search engine optimization Cost of online sales Credit and collection Total cost for all orders of a given size Units (skeins) sold Unit cost per order of a given size 4,500 84,000 535 351,830 Order Size $ Medium Required: 1. Prepare a schedule showing TCC's total selling cost for each order size and the per-skein selling cost within each order size. Note: Round your intermediate calculations and unit cost per order to 2 decimal places. Small 52,500 57,000 2,665 319,370 TEXTILE CRAFT COMPANY Computation of Selling Costs By Order Size and Per Skein Within Each Order Size Large 183,000 49,000 4,300 100,500 0 $ Order Size Medium Total 240,000 190,000 7,500 771,700 0 $ Large $ 0 $ Total 0 O O 0 0
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