Cost Management: A Strategic Emphasis
Cost Management: A Strategic Emphasis
7th Edition
ISBN: 9780077733773
Author: Edward Blocher, David Stout, Paul Juras, Gary Cokins
Publisher: McGraw-Hill Education
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Chapter 9, Problem 23E

1.

To determine

Mention that which of the Company, QE's products, i.e., the product A and the product O will likely to be promoted more aggressively assuming that the sales people receive commission equal to 10 percent of the sales and also give reasons for it.

2.

To determine

Mention an alternative incentive plan that will suit employee and company’s interests better.

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solve qn no. 3
Horngren's Financial & Managerial Accounting: The Managerial Chapters,  8th Edition. E-M:2-19 Accounting for job costs                       Brook Trailers’ job cost records yielded the following information:                   Job No. Date Total Cost of Job at July 31     Started Finished Sold     1 21-Jun 16-Jul 17-Jul $  3,100     2 29-Jun 21-Jul 26-Jul   13,000     3 3-Jul 11-Aug 13-Aug     6,900     4 7-Jul 29-Jul 1-Aug     4,400                   Use the dates in the table to identify the status of each job. Compute the following balances for Brook Trailers: a. Work-in-Process Inventory at July 31                       b. Finished Goods Inventory at July 31                       c. Cost of Goods Sold for July                       c. COGS $16,100
Donald Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base salary of $1,380 per month. One of the barbers serves as the manager and receives an extra $535 per month. In addition to the base salary, each barber also receives a commission of $3.75 per haircut. Other costs are as follows. Advertising $270 per month Rent $1,010 per month Barber supplies $0.50 per haircut Utilities $160 per month plus $0.15 per haircut Magazines $35 per month Donald currently charges $11.00 per haircut. Compute the break-even point in sales units and in sales dollars. Break-even point Break-even point sales $ haircuts
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