Calculate the total monthly cost of the sales

Assignment Help Financial Accounting
Reference no: EM13536196

Mixed cost at different levels of activity

Leon Corporation paid one of its sales representatives $5,600 during the month of March. The rep is paid a base salary plus $13 per unit of product sold. During March, the rep sold 200 units.

Required

Calculate the total monthly cost of the sales representative's salary for each of the following months.

Month

April

May

June

July

Number of units sold

230

180

280

150

Total variable cost





Total fixed cost





Total salary cost





Reference no: EM13536196

Questions Cloud

Risk assessment section : Risk Assessment Section
Determine the contribution margin per unit : Determine the contribution margin per unit and number of units that Hinshaw must sell to break even.
Explain the magnesium weighing 355g in a sample of water : The magnesium weighing 355g in a sample of water is first converted to MgNH4PO4 and then to Mg2P2O7. The mass of Mg2P2O7 obtained is 0.0870g. Express the quantity of magnesium in the mineral water in parts per million (that is, in g Mg per 10^6 g ..
Involves linux programming : Involves LInux Programming
Calculate the total monthly cost of the sales : Mixed cost at different levels of activity - Calculate the total monthly cost of the sales representative's salary for each of the following months.
Determine what change will occur in the current : The voltage impressed across a circuit is held constant. If the resistance is halved, what change will occur in the current
Evaluate the number of moles of o2 needed to react : Calcuate the number of moles of O2 needed to react with 13.2 grams of Fe givven the balanced equation 2Fe2O3 (S)
Compute the maximum positive velocity reached by particle : The position of a particle moving along an x axis is given by x = 20t2 - 3.0t3, where x is in meters and t is in seconds. compute the maximum positive velocity reached by the particle
Explain how many moles of hno3 are contained : How many moles of HNO3 are contained in 1.0 mL of concentrated nitric acid. Please try to show me your calculations so I can learn how to do it.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Questiona after initial recognition for an entire class of

questiona after initial recognition for an entire class of property plant and equipment an entity is required to choose

  Disadvantages of allowing customers to purchases on credit

You own an automobile parts company and have been approached by a leading car manufacturer to supply parts to the company. How would you determine that the car manufacturer has a good record of servicing sales and paying its suppliers?

  What is the proper adjusted cash balance per bank

a. What is the proper adjusted cash balance per bank b. What is the proper adjusted cash balance per booksc. Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books

  Record the sale of the equipment

Record the depreciation for the one-half year prior to the sale, using the straight-line method and record the sale of the equipment.

  Illustrate what is the amount of excess of purchase price

On January 4, 2011, Bailey Corp. purchased 40% of the voting common stock of Emery Co. Illustrate what is the amount of the excess of purchase price over book value?

  What authoritative literature addresses comprehensive income

What authoritative literature addresses comprehensive income? What is the predecessorstandard for the topic you selected and provide the definition of comprehensive income.

  Preparenbsp various ratiosfollowing are selected data from

preparenbsp various ratios.following are selected data from the comparative income statement and balance sheet for

  Differences between the book value and the fair value

Differences between the book value and the fair value of the identifiable assets of Salem Company

  Identify the type of account as an asset

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, (2) enter debit (Dr.) or credit (Cr.) to identify the kind of entry that would increase the account balance, and (3) identify the norma..

  What is the total present value of the project

What is the total present value of the project?

  Prepare any journal entries for the equipment

Rohan Company purchased equipment in January 2008 for $8,000,000 and had an estimated useful life of 6 years with a salvage value of $2,000,000. At December 31, 2010, new technology was introduced that would accelerate the obsolescence of Rohan..

  How may their major hypotheses be applied to improve

Discuss the major points of Watts and Zimmerman’s Positive Accounting Theory. How may their major hypotheses be applied to improving your ability as an accountant either inside or outside a firm?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd