Microsoft Excel** Sun Sports Inc. has several kiosks in large and medium-sized shopping malls selling various...
Sun Sports Inc. has several kiosks in large and medium-sized shopping malls selling various styles of men's and women's sports hats, all at the same price. In addition to the regular salary, the company pays a good commission to its salespeople in order to be diligent and proactive in sales. The following selling price and cost information is representative of each of the kiosks individually. Data per Hats. Sales Price $20 Variable Cost Cost per hat $9 Sales Commission $3.50...
Blizzard-Wear Glove Company operates a chain of retail kiosks (small retail booths) located at the base of every major ski hill. The kiosks sell ten different styles of ski and mountain biking gloves with identical unit costs and selling prices. A unit is defined as a pair of gloves. Each kiosk has a manager who is paid a fixed salary. Individual salespeople are paid a combination of fixed salary and a sales commission. Blizzard-Wear is trying to determine the desirability...
Express Deli is a company that has several natural shake kiosks operating in various shopping centers. Each kiosk has a fixed cost of $ 880 and a variable cost of $ 0.55 for each whisk. 1. Complete the following table of estimated costs in the different activity levels (beats served per week) presented in each column. (Value: 12 points) Total shakes served in one week 1,520 1,440 1.600 Fixed cost Variable cost Total cost Average cost per whisk served 2....
Sports Drinks, Inc. began business in 2018 selling bottles of a thirst-quenching drink. Sales in 2018 were 99,000 bottles. The selling price per bottle was $3.10. Variable cost per bottle was $1.35. Annual fixed costs were $63,200. 1. Please use the format of a contribution margin income statement to calculate the contribution margin (in dollars), unit contribution, and contribution margin ratio for Sports Drinks. You can refer to Example 1 in the textbook. Total Per Unit Percentage Sales (xxx units)...
. If Bubba’s sells 52,000 hats, what is its margin of safety (MOS) in dollars and MOS ratio? 4. Bubba is considering the elimination of sales commissions completely and increasing salaries by $357,000 annually. What would be the new breakeven point in units? What would be the before-tax income or loss if 39,000 hats are sold with the new salary plan? rev: 02_10_2020_QC_CS-200042 Bubba’s Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba’s carries numerous styles of...
Express Deli is a company that has several natural shake kiosks operating in various shopping centers. Each kiosk has a fixed cost of $ 880 and a variable cost of $ 0.55 for each whisk. 1. Complete the following table of estimated costs in the different activity levels (beats served per week) presented in each column. (Value: 12 points) Total shakes served in one week 1,520 1,440 1.600 Fixed cost Variable cost Total cost Average cost per whisk served 2....
The stores sell ten different styles of yoga pants with identical unit costs and selling prices. A unit is defined as one pair of yoga pants. Each store has a manager who is paid a fixed salary. Individual salespeople receive a fixed salary and a sales commission. The store is trying to determine the desirability of opening another store, which is expected to have the following revenue and cost relationships: Per Pair Unit variable data: Selling price $60 Cost of...
Bubba's Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba's carries numerous styles of western hats, each hat has approximately the same price and invoice (purchase) cost, as shown in the following table. Sales personnel receive a commission to encourage them to be more aggressive in their sales efforts. Currently, the Lubbock economy is really humming, and sales growth at Bubba's has been great. The business is very competitive, however, and Bubba, the owner, has relied on...
Bubba’s Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba’s carries numerous styles of western hats, each hat has approximately the same price and invoice (purchase) cost, as shown in the following table. Sales personnel receive a commission to encourage them to be more aggressive in their sales efforts. Currently, the Lubbock economy is really humming, and sales growth at Bubba’s has been great. The business is very competitive, however, and Bubba, the owner, has relied on...
Bubba’s Western Wear is a western hat retailer in Lubbock, Texas. Although Bubba’s carries numerous styles of western hats, each hat has approximately the same price and invoice (purchase) cost, as shown in the following table. Sales personnel receive a commission to encourage them to be more aggressive in their sales efforts. Currently, the Lubbock economy is really humming, and sales growth at Bubba’s has been great. The business is very competitive, however, and Bubba, the owner, has relied on...