Proforma Income statementWorking NOTES:
Question 4 The marketing plan at E-Tech Systems is based on a corporate restructure which divides...
The marketing plan at E-Tech Systems is based on a corporate restructure which divides the company into two separate groups: (1) Commercial Systems and (2) Personal Systems. Samantha Smith was assigned responsibility for the Personal Systems group. The marketing plan, which included a sales forecast next year of $100 million, was the result of a detailed market analysis. Sales representatives would receive a 20 percent commission on sales of personal systems. Under the new organizational structure, the Personal Systems group...
9. The annual planning at Century Office Systems, Inc. had been arduous but produced a number of important marketing initiatives for the next year. Most notably, company executives had decided to restructure its product-marketing team into two separate groups: (1) Corporate Office System and (2) Home Office System. Angela Blake was assigned responsibility for the Home Office Systems group, which would market the company’s word-processing hardware and software for home and office-at-home use by individuals. Her marketing plan, which included...
2. The annual planning process at Century Office Systems, Inc. had been arduous but produced a number of important marketing initiatives for the next year. Most notably, company executives had decided to restructure its product-marketing team into two separate groups: (1) Corporate Office Systems and (2) Home Office Systems. Angela Blake was assigned responsibility for the Home Office Systems group, which would market the company's word-processing hardware and software for home and office-at-home use by individuals. Her marketing plan, which...
Styles Text Box 3. The annual planning process at Century Office Systema, Inc. had been arduous but produced a sumber of important marketing initiatives for the next year. Most notably, coepany executives had decided to restructure its product-marketing team inte twe separate groups: (1) Corporate Office Systems and (2) Home Office Systems. Angela Blake (Marketing Director) was assigned responsibility for the Home Office Systems group, which would market the company's word- processing hardware and software for home and office-at-home use...
WU WILL The HBM Company has two divisions Corporate Office Systems and Home Office Systems. David Smith was building the budget for Home Office Systems. The forecast included next year's sales of $25,000,000. There was a common sales team for both divisions. 40% of the sales team would be dedicated to Home Office Systems. Sales reps for Home Office would earn a 15% commission (fee for service) on sales of Home Office Systems. Home Office Systems would be charged for...
SPU, Ltd., has just received its sales expense report for January, which follows. Item Sales commissions Sales staff salaries Telephone and mailing Building lease payment Utilities Packaging and delivery Depreciation Marketing consultants Amount $364,500 86,400 43,000 54,000 11,100 74.000 33,750 53,190 You have been asked to develop budgeted costs for the coming year. Because this month is typical, you decide to prepare an estimated budget for a typical month in the coming year and you uncover the following additional data:...
SPU, Ltd., has just received its sales expense report for January, which follows Amount $390,500 86,400 Item Sales commissions 2.5 points Sales staff salaries Telephone and mailing Building lease payment 45,000 70,000 20,100 78,000 40,750 55,190 Skipped Utilities Packaging and delivery Depreciation Marketing consultants eBook You have been asked to develop budgeted costs for the coming year. Because this month is typical, you decide to prepare an estimated budget for a typical month in the coming year and you uncover...
SPU, Ltd., has just received its sales expense report for January, which follows. Item Sales commissions Sales staff salaries Telephone and mailing Building lease payment Utilities Packaging and delivery Depreciation Marketing consultants Amount $380,500 92,400 42,000 70,000 12,100 77,000 31,750 51,190 You have been asked to develop budgeted costs for the coming year. Because this month is typical, you decide to prepare an estimated budget for a typical month in the coming year and you uncover the following additional data:...
SPU, Ltd., has just received its sales expense report for January, which follows. ItemAmountSales commissions$430,500Sales staff salaries88,400Telephone and mailing51,000Building lease payment50,000Utilities16,100Packaging and delivery74,000Depreciation38,750Marketing consultants61,190You have been asked to develop budgeted costs for the coming year. Because this month is typical, you decide to prepare an estimated budget for a typical month in the coming year and you uncover the following additional data: Sales volume is expected to increase by 14 percent.Sales prices are expected to decrease by 10 percent.Commissions are based on...
Q NA G 13-62. Comprehensive Budget Plan ( LO 13-4, 5, Q. excel Panther Corporation appeared to be experiencing a good year. Sales in the first quarter were one-third ahead of last year, and the sales department predicted that this rate would continue throughout the entire year. The controller asked Janet Nomura, a summer accounting intern, to prepare a draft forecast for the year and to analyze the differences from last year's results. She based the forecast on actual results...