Author Question: For November, the Sport Shop has planned sales of 186,000 . Selling cost in the store is not to ... (Read 70 times)

codyclark · **on:** Sep 11, 2018

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

whitcassie · **Reply #1 on:** Sep 11, 2018

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