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Rita Jekyll operates a sales booth in computer software trade shows, selling an accounting software package,...
Rita Jekyll operates a sales booth in computer software trade shows, selling an accounting software package,...
Rita Jekyll operates a sales booth in computer software trade shows, selling an accounting software package, Abacus. She purchases the package from a software company for $185 each. Booth space at the convention hall costs $15,000 per show. Required a. Sales at past trade shows have ranged between 400 and 600 software packages per show. Determine the average cost of sales per unit if Ms. Jekyll sells 400, 450, 500, 550, or 600 units of Abacus at a trade show....
Rita Jekyll operates a sales booth in computer software trade shows, selling an accounting software package,...
Rita Jekyll operates a sales booth in computer software trade
shows, selling an accounting software package, Abacus. She
purchases the package from a software company for $160 each. Booth
space at the convention hall costs $10,000 per show.
Required
Sales at past trade shows have ranged between 400 and 600
software packages per show. Determine the average cost of sales per
unit if Ms. Jekyll sells 400, 450, 500, 550, or 600 units of Abacus
at a trade show. Use...
A sales representative needs to design a display booth for trade shows. Because trade show organizers typically charge for floor space at their shows, the booth is to be 300 square feet. The booth is...
A sales representative needs to design a display booth for trade shows. Because trade show organizers typically charge for floor space at their shows, the booth is to be 300 square feet. The booth is to be 6 feet tall and three-sided, with the back of the booth made of display board and the two sides of the booth made of gathered fabric. The display board for the back of the booth costs $20 per square foot. The fabric costs...
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade...
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensation, travel expenses, and booth rental, fixed costs for a trade show are expected to be $7,130. The booth will be open 23 hours during the trade show. Ms. Ortega also plans to add a new product line, ProOffice, which will cost $187 per package. She will continue to sell the existing product, EZRecords, which costs $110 per package. Ms. Garcia...
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade...
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensation, travel expenses, and booth rental, fixed costs for a trade show are expected to be $9,840. The booth will be open 24 hours during the trade show. Ms. Ortega also plans to add a new product line, ProOffice, which will cost $173 per package. She will continue to sell the existing product, EZRecords, which costs $94 per package. Ms. Garcia...
Janet Garcia is considering expanding her business. She plans to hire a salesperson to cover trade...
Janet Garcia is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensation, travel expenses, and booth rental, fixed costs for a trade show are expected to be $10,120. The booth will be open 23 hours during the trade show. Ms. Garcia also plans to add a new product line, ProOffice, which will cost $175 per package. She will continue to sell the existing product, EZRecords, which costs $107 per package. Ms. Garcia...
Cost-Volume-Profit Analysis Randy Rajoub is evaluating a business opportunity to sell cookware of trade shows. Mr....
Cost-Volume-Profit Analysis Randy Rajoub is evaluating a business opportunity to sell cookware of trade shows. Mr. Rajoub can buy the cookware ar a wholesale cost of 5270 per ser. He plans to sell the cookware for $350 per se. He estimates fixed costs such as pane fare, booth rental cost and lodging to be 55,600 per trade show, Required a. Determine the number of cookware sets Mr. Rajoub must sell at a trade show to break even (zero profit or...
Williams Company began operations in January 2019 with two operating (selling) departments and one service office)...
Williams Company began operations in January 2019 with two operating (selling) departments and one service office) department. Its departmental income statements follow. WILLIAMS COMPANY Departmental Income Statements For Year Ended December 31, 2019 Clock Mirror Combined Sales $ 170,000 $105,000 $275,000 Cost of goods sold 83,300 65,100 148,400 Gross profit 86,700 39,900 126,600 Direct expenses Sales salaries 21,000 7,900 28,900 Advertising 1,200 600 1,800 Store supplies used 1,050 450 1,500 Depreciation-Equipment 2,000 700 2,700 Total direct expenses 25, 250 9,650...
2) compute contribution margin for each channel 3) compute break even point (in terms of number...
2) compute contribution margin for each channel
3) compute break even point (in terms of number of orders and
dollars) for each distribution channel
(HINT - Fixed costs are all trade show expenses. Use
depreciation for the booth as a fixed cost. The booth cost should
be considered an investment not a fixed cost)
4) Calculate the number of orders at a target profit of
$100,000
5) Calculate the profitability for both the low and high order
estimates
We were...
Williams Company began operations in January 2019 with two operating (selling) departments and one service (office)...
Williams Company began operations in January 2019 with two operating (selling) departments and one service (office) department. Its departmental income statements follow. WILLIAMS COMPANY Departmental Income Statements For Year Ended December 31, 2019 Clock Mirror Combined Sales $ 200,000 $115,000 $ 315,000 Cost of goods sold 98,000 71,300 169,300 Gross profit 102,000 43,700 145,700 Direct expenses Sales salaries 21,000 7,500 28,500 Advertising 1,600 700 2,300 Store supplies used 650 350 1,000 Depreciation-Equipment 1,900 2,100 Total direct expenses 25, 1508,750 33,900...
Rita Jekyll operates a sales booth in computer software trade shows, selling an accounting software package, Abacus. She purchases the package from a software company for $185 each. Booth space at the convention hall costs $15,000 per show. Required a. Sales at past trade shows have ranged between 400 and 600 software packages per show. Determine the average cost of sales per unit if Ms. Jekyll sells 400, 450, 500, 550, or 600 units of Abacus at a trade show....
Rita Jekyll operates a sales booth in computer software trade
shows, selling an accounting software package, Abacus. She
purchases the package from a software company for $160 each. Booth
space at the convention hall costs $10,000 per show.
Required
Sales at past trade shows have ranged between 400 and 600
software packages per show. Determine the average cost of sales per
unit if Ms. Jekyll sells 400, 450, 500, 550, or 600 units of Abacus
at a trade show. Use...
Hannah Ortega is considering expanding her business. She plans to hire a salesperson to cover trade shows. Because of compensation, travel expenses, and booth rental, fixed costs for a trade show are expected to be $9,840. The booth will be open 24 hours during the trade show. Ms. Ortega also plans to add a new product line, ProOffice, which will cost $173 per package. She will continue to sell the existing product, EZRecords, which costs $94 per package. Ms. Garcia...
Cost-Volume-Profit Analysis Randy Rajoub is evaluating a business opportunity to sell cookware of trade shows. Mr. Rajoub can buy the cookware ar a wholesale cost of 5270 per ser. He plans to sell the cookware for $350 per se. He estimates fixed costs such as pane fare, booth rental cost and lodging to be 55,600 per trade show, Required a. Determine the number of cookware sets Mr. Rajoub must sell at a trade show to break even (zero profit or...
Williams Company began operations in January 2019 with two operating (selling) departments and one service office) department. Its departmental income statements follow. WILLIAMS COMPANY Departmental Income Statements For Year Ended December 31, 2019 Clock Mirror Combined Sales $ 170,000 $105,000 $275,000 Cost of goods sold 83,300 65,100 148,400 Gross profit 86,700 39,900 126,600 Direct expenses Sales salaries 21,000 7,900 28,900 Advertising 1,200 600 1,800 Store supplies used 1,050 450 1,500 Depreciation-Equipment 2,000 700 2,700 Total direct expenses 25, 250 9,650...
2) compute contribution margin for each channel
3) compute break even point (in terms of number of orders and
dollars) for each distribution channel
(HINT - Fixed costs are all trade show expenses. Use
depreciation for the booth as a fixed cost. The booth cost should
be considered an investment not a fixed cost)
4) Calculate the number of orders at a target profit of
$100,000
5) Calculate the profitability for both the low and high order
estimates
We were...
Williams Company began operations in January 2019 with two operating (selling) departments and one service (office) department. Its departmental income statements follow. WILLIAMS COMPANY Departmental Income Statements For Year Ended December 31, 2019 Clock Mirror Combined Sales $ 200,000 $115,000 $ 315,000 Cost of goods sold 98,000 71,300 169,300 Gross profit 102,000 43,700 145,700 Direct expenses Sales salaries 21,000 7,500 28,500 Advertising 1,600 700 2,300 Store supplies used 650 350 1,000 Depreciation-Equipment 1,900 2,100 Total direct expenses 25, 1508,750 33,900...
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