This topic contains a solution. Click here to go to the answer

Author Question: For November, the Sport Shop has planned sales of 186,000 . Selling cost in the store is not to ... (Read 126 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
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

  • Member
  • Posts: 538
Reply 2 on: Sep 11, 2018
Thanks for the timely response, appreciate it


TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library