Suggestion to hire five additional sales reps

Assignment Help Other Subject
Reference no: EM13250359

Drake, Inc. manufactures electric welders that it sells to other manufacturers, and sales last year were $45 million. Drake has a 35% contribution margin. The marketing manager has suggested increasing the number of sales representatives by five, which would cause fixed costs to increase by $250,000.

A. What incremental dollar volume would be necessary to break even on the suggestion to hire five additional sales reps?

Note: To receive full credit, include the analytical equations or an explanation of the formulas used to determine your answers.

Reference no: EM13250359

Questions Cloud

Find the variance and standard deviation for the given data : from the following data: 6.28 7.06 6.50 6.76 6.82 6.92 6.86 7.15 6.57 6.48 6.64 6.94 6.49 7.14 7.16 7.10 7.08 6.48 6.40 6.54 A. find the mean and the median B. Find the variance and standard deviation
Manufacturer sell the product to the wholesaler : A consumer purchases a coffee maker from a retailer for $90. The retailer?s markup is 30%, and the wholesaler?s markup is 10%, both based on selling price. For what price does the manufacturer sell the product to the wholesaler?
Manufacturer of outdoor patio heaters : Chill Out, a manufacturer of outdoor patio heaters, realizes a cost of $75 for every heater it produces. Total fixed costs equal $3 million. If the company manufactures 1 million heaters
Find the electric field midway between two positive charges : An equilateral triangle has sides of lengthL. Charges of +Q,-2Q,and +3Q are placed at the vertices. Find the electric field midway between the two positive charges
Suggestion to hire five additional sales reps : What incremental dollar volume would be necessary to break even on the suggestion to hire five additional sales reps?
Determine limits if the amplifier is replaced by opa300 unit : a 60-kHz sinusoidal signal is applied to an amplifier with a gain of k=2. the circuit is built with an lm741 opamp with power supplies +-13V. find the largest amplitude the signal may have before it is limited by slew rate constraints.
Which of the following is not included as part of a company : According to the cost allocation procedures discussed on the Help screens for the Private Label Sales Report and the Marketing and Admin Report, which one of the following is not included as part of a company's cost in supplying private-label foot..
Whit is the orbital speed of the space station : The international space station is orbiting at an altitud of 370km above earth's surface. The mass of the earth is 6x10^24kg, Assuming a circualr orbit, whit is the orbital speed of the space station
What is the approximate radius of earth : What is the approximate radius of Earth? Its mass is 6.0*10^24 kilograms and the acceleration due to gravity at its surface is 9.8 m/s2

Reviews

Write a Review

Other Subject Questions & Answers

  Describe if tenants need purchase extra property insurance

Additionally, is it legal for a tenant should they opt out of purchasing extra property insurance for the apt. that they are renting be charged an extra ten dollars a month for this purpose?

  Meaning of midlife crisis

Middle adulthood marks the time period in which some adults face the fabled midlife crisis. What exactly is that though? Do you think you will go through one, or did you have one? Can it be avoided?

  International standards for juvenile justice

Discuss international standards for juvenile justice. Provide examples of the standards included in your discussion.

  Unit of genetic material

The gene is the basic unit of genetic material that is transmitted from father and mother to offspring . Many disease is transmitted from one generation to other because of gene mutation .Gene mutation is the "heritable alteration or change in geneti..

  More philosophical refutation of the social contract theory

What is Hume's "more philosophical refutation" of the social contract theory? Why does he think that founding political authority on consent or agreement unnecessary?

  Benefits and risks in health care organizations

What benefits and risks might health care organizations face when releasing quality measurement data to the public? What are the consequences if we did not release it or make it available?

  Warship sailing in a seaway

Find the frequency of encounter when the ship speed is 14 knots and the heading angle is 315 degrees. Compare the encountering and roll frequencies and determine whether or not the ship will roll heavily.

  Four greek temperamental traits

This solution explains what kinds of temperaments are there, and whether/how they affect personality? The Big Five traits, and the four Greek temperamental traits will be mentioned in explaining this solution.

  Discuss the task of understanding potential threats

Discuss the task of understanding potential threats which is part of the analysis phase of the SecSDLC. What are some ways to truly understand the enemy? How can you be sure you've covered all the bases?

  What is sociology

He discovers that you're taking a sociology course and he naturally inquires, How would you respond? What is sociology? What does it study? What does it contribute to the social sciences? If there were no sociology, what would be missing - if anythin..

  Non-researcher problem

Give an example of a specific question or problem and how a non-researcher and a researcher would each approach the problem?

  Model in nursing practice settings

Compare and contrast three-four theorist sites on the internet for availability of content related to their theory model, ability to use their model in nursing practice settings and currency of the website.

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