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 21 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
:D TYSM


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library