What process involves reducing the number of employees on the payroll to cut costs and increase profits?

Assume that the salespeople of Excellent Corp. are paid 3% of sales as commission. The level of sales is $290,000 for this month

GaryK [48]

Answer:

d. $28,700.

Explanation:

The computation of the budgeted selling cost for the given month is shown below:

= Fixed selling cost + variable selling cost

= $20,000 + $290,000 × 3%

= $20,000 $+ $8,700

= $28,700

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the correct option is d. $28,700

8 0

3 years ago

Lino is a linebacker on his college football team. He is concerned about achieving adequate hydration during intense, hot summer

dybincka [34]

Answer:

C) 14 cups of water

Explanation:

Athletes should consume between 2 to 3 cups of water or other fluids (like Gatorade) for every pound lost in order to prevent dehydration.

If Lino losses 5 pounds during practice, he should drink between 10 to 15 cups of water. Option C, with 14 cups of water is the only option that falls in that range.

3 0

3 years ago

Hamby Company expects to incur overhead costs of $10,000 per month and direct production costs of $136 per unit. The estimated p

hichkok12 [17]

Answer:

c. $272

Explanation:

Overhead costs (O) = $10,000 per month

Direct production costs (Pc) = $136 per unit

Units produced (n) = 1,600 units

The total manufacturing cost per unit for a production activity of 1,600 units is given by:

$C=\frac{(P_C*n)+(O*12)}{n}\\C=\frac{(136*1,600)+120,000}{1,600}\\C=\$211$

For a desired gross profit per unit of $61, the selling price should be:

$61=S-211\\S=\$272$

The answer is c. $272

4 0

4 years ago

Suppose you are the president of a sugar company based in southern Florida. Poor sugar harvests in the Caribbean Islands means y

Yuliya22 [10]

Answer:Please refer to the Explanation section

Explanation:

Cuba seems to a comparative advantage in Producing Sugar, importing sugar will drive the price down because Cuba can supply sugar at a relatively lower price which will means people in Florida will purchase Sugar at lower price so a trade with with will be in the best interest of the People because the demand will met, meaning there will no shortages in the market and the price will be lower. these two point will increase consumer surplus.

We could also export some of the products we have comparative advantage on, which will not only increase revenue for local Producers but will also open opportunities for local producers to gain market share which will increase the demand for the local products. When the Demand for the Local Products increases, Local Producers will produce more and that will lead to an increase in the Gross Domestic Products (GDP) of the United States.

A trade will Cuba Trade Deal will benefit the country and the citizens of the country I therefore would like to plead with the Senator to review the embargo on Cuba

5 0

3 years ago

Sales, profits, orders, and sales ratios are all _________ measures that can be used to evaluate sales representatives.

Sergio [31]

Sales, profits, orders, and sales ratios are all objective measures that can be used to evaluate sales. Involves the planning, direction and control of personal selling activities, including recruitment, selection, training, motivation, compensation and evaluation of members of the sales force.

5 0

4 years ago