Reference no: EM132345679
Question
Monterey Co. makes and sells a single product. The current selling price is $18 per unit. Variable expenses are $10.8 per unit, and fixed expenses total $41,880 per month. (Unless otherwise stated, consider each requirement separately.)
Management is considering a change in the sales force compensation plan. Currently each of the firm's two salespeople is paid a salary of $2,500 per month.
g-1. Calculate the monthly operating income (or loss) that would result from changing the compensation plan to a salary of $400 per month, plus a commission of $0.8 per unit, assuming a sales volume of 5,400 units per month. (Do not round intermediate calculations.)
g-2. Calculate the monthly operating income (or loss) that would result from changing the compensation plan to a salary of $400 per month, plus a commission of $0.8 per unit, assuming a sales volume of 6,250 units per month. (Do not round intermediate calculations. Losses should be indicated by a minus sign.)
h-1. Assuming that the sales volume of 6,250 units per month achieved in part g could also be achieved by increasing advertising by $1,000 per month instead of changing the sales force compensation plan. What would be the operating income or loss? (Do not round intermediate calculations. Losses should be indicated by a minus sign.)
Develop a plan for the company network
: ISY202 - Information Systems Networking Essentials - develop a plan for the Company network and provide a detailed Networking Plan
|
Record the second interest payment on december 31
: Semiannual Period-EndUnamortized PremiumCarrying Value(0)January 1, issuance$8,111 $108,111 (1)June 30, first payment 7,300 107,300.
|
Record the issue of bonds with a par value
: Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $108,000 and semiannual interest payments.
|
Compute the selling price of ten percent and ten year bonds
: Compute the selling price of 10%, 10-year bonds with a par value of $210,000 and semiannual interest payments. The annual market rate for these bonds is 12%.
|
Calculate the monthly operating income that would result
: Calculate the monthly operating income (or loss) that would result from changing the compensation plan to a salary of $400 per month, plus a commission of $0.8
|
Create a game in greenfoot
: CSC72003 - Programming II - Southern Cross University - create a game in Greenfoot, with three types of elements: a PLAYER piece, controlled by the player
|
What is the journal entry to record first interest payment
: Assume that Miami Hotel uses the straight-line method for amortization. What is the journal entry to record the first interest payment on August 31, 2018?
|
How much cash was paid for inventory during the year
: Cold and Flu Corp. reported the following information for 2018 and 2019. Inventory is not reported as there was no change in inventory from 30 June 2018.
|
Discuss the major similarities and differences in accounting
: Discuss the major similarities and differences in accounting for for-profit and not-for-profit organizations. Be sure to consider differences in organizational.
|