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Author Question: For November, the Sport Shop has planned sales of 186,000 . Selling cost in the store is not to ... (Read 125 times)

codyclark

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For November, the Sport Shop has planned sales of 186,000 . Selling cost in the store is not to exceed 5. The regular salespeople are scheduled as follows:
 
  Number of
  Salespeople Hours to Work/Month Wage/Hour
  1 176 each 6.50
  3 165 each 6.00
  4 120 each 6.25
 
  The remainder of allowable hours of sales assistance will be provided by additional part-time employees who are paid 6.00/hr. How many hours of part-time sales assistance can be scheduled?
 
  What will be an ideal response?

Question 2

This is another term for a trade discount.
 
  a. Patronage discount
  b. Series discount
  c. Cash discount
  d. Quantity discount



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whitcassie

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Answer to Question 1

176 x 6.50 = 1,144
3(165 x 6.00) = 2,970
4(120 x 6.25) = 3,000
7,114

Maximum selling cost = 186,000 x 5 = 9,300
Remaining selling cost = 9,300 - 7,114 = 2,186
Remaining hours = 2,186  6.00 = 364.33 hours

Answer to Question 2

a. Patronage discount




codyclark

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Reply 2 on: Sep 11, 2018
:D TYSM


jojobee318

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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