Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
"CHRISTMAS CORPORATION"
CHRISTMAS Corporation manufactures reality show buffs, which they sell through special sales agents. After the profit plan was presented for the coming month, CHRISTMAS Corporation's sales agents demanded that the commission be increased to 25% of total monthly sales. They believe they have been instrumental in growing the Company's customer base. If management approves this request, the marketing manager believes the unit selling price has to be increased by 10% if the company still plans to sell 250.00 units for the month. This plan is known as PROPOSAL NEVERMORE.
Upon knowing about the sales agents' request, CHRISTMAS' General Manager is proposing to employ its own dedicated sales force instead of hiring sales agents through PROPOSAL WOLVES. The sales force will be composed of one sales manager and two sales personnel, with the following selling costs: Sales Force Commission: 6.75% of total monthly sales Salary of Sales Manager: $ 32,500 per manager per month Salary of Sales Personnel: $ 17,700 per personnel per month Fixed Marketing Cost: $ 8,000 per month These costs will replace the selling expenses (both variable and fixed) in the budgeted income statement. Under PROPOSAL WOLVES, the company still plans to sell 250.00 units for the month at its budgeted selling price. No other changes from the original proposal will be made.
- PROPOSAL WOLVES WAS CHOSEN
QUESTION:
"What accounting qualitative factors should the Company consider? Enumerate at least three and advise Christmas Corp. briefly."
Louis Vuitton is a French manufacturer of high-end handbags. What steps should be taken by Louis Vuitton in order to ensure that production meets demand?
Marketing manager believes there will be 10% increase in sales if Company decreases price by 10%. Should price be decreased? Explain.
How does operating income under variable costing differ from operating income under absorption costing? When the number of units produced is less than number.
What insight does ROI give into investment performance? Is acceptable to lose profit on one product, if that product is vital to sale of an extremely profitable
During 2022, Wildhorse Co. reported cash provided by operations of $858000, cash used in investing of $741000, What was Wildhorse free cash flow
What were the Predetermined OverHead Application Rates [POHAR], each rounded to the nearest cent? Determine the fixed overhead variances
On January 1, 2022, Windows Incorporated has $14,218 in partially completed windows in their inventory. What is the total cost of work in process for the month
Lauder Company had fixed costs of $282,500, variable costs. Determine the contribution margin ratio. Determine the margin of safety expressed in dollars.
Lipman Auto Parts, a family-owned auto parts store, began January with $10,300 cash. Management forecasts that collections from credit customers will be $11,400 in January and $14,800 in February. The store is scheduled to receive $5,000 cash on a..
Which sofa should Sally purchase? What costs are relevant in her decision? Why? Sally wants to purchase a new sofa because she purchased a new heme
Use this information to determine the total manufacturing costs incurred during the fiscal year 2018. (Round dollar values & enter as whole dollars only.)
Machinery Replacement Problem: Should Droppitt replace current equipment? Advise the company using NPV and IRR techniques of capital budgeting.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd