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Tema [17]
3 years ago
14

Fuller Company builds swimming pools. Fuller budgets that they will sell 12 pools during the month of April at a price of $20,17

6 per pool. Actual pools sold by Fuller during April were 16 pools at a price of $20,992 per pool. What is the Sales Volume Variance for April? If the variance is unfavorable, use a negative sign right before the number with no space in between.
Business
1 answer:
IRISSAK [1]3 years ago
7 0

Answer:

$80,704

Explanation:

Data provided in the question:

Budgeted Price = $20,176 per pool

Budgeted quantity = 12 pools

Actual quantity = 16 pools

Actual price = $20,992 per pool

Now,

Sales Volume Variance

= ( Actual Quantity - Budgeted Quantity) × Budgeted price

Thus,

Sales Volume Variance for April = ( 16 - 12 )  × $20,176

or

Sales Volume Variance for April = $80,704

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Jim Smith is a salesman who receives a $1,100 draw per week against his commission. He receives a 12% commission as an incentive
blondinia [14]

Answer:

$29,000

Explanation:

Given that:

  • Draw per week: $1,100
  • Commission rate: 12%
  • Sales for Jim were $205,000 for the month.
  • 4 weeks in a month

Assuming a four-week month, Jim's commission :

Commission on revenue + commission of total draws

= $205,000*12% + 4*$1,100

= $24,600+ $4,400

= $29,000

Hope it will find you well.

3 0
4 years ago
Smart phones
nalin [4]

Answer:

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8 0
3 years ago
At a local business school, there is a toasted submarine sandwich process that uses a conveyor-fed oven. ( See picture below) Al
dem82 [27]

Answer:

b. 20 sandwiches

c. 25 sandwiches

Explanation:

1. I added this diagram of the flow chart as an attachment

2.

Hourly capacity of sandwich making process:

Time it makes to 1 sandwich: 2 + 12 + 1 = 15

The time alice spends when making one sandwich = 2 + 1 = 3

oven uses 12 minutes to process one sandwich, so in 12 minutes, alice can can make 12/3 sandwiches = 4

The Oven can take 5 subs at a time,

So in one hour, the making process

= 60/3 = 20 sandwiches

3.

To calculate Hourly capacity with additional employee:

Alice takes 2 minutes

Additional employees takes 1 minute

Oven uses 12 minutes to make one sandwich

It's only after every 2 minutes Alice can put one sandwich. The oven can take only 5 sandwiches.

So in an hour:

Since oven can take 5

Sandwiches at a time, therefore one sandwich takes,

12 / 5 = 2.4 minutes.

In 1 hour number we have number of processed sandwich as

60 / 2.4 = 25

At hourly capacity with additional employees we have 25 sandwiches

5 0
3 years ago
_____ combine data on consumer expenditures and socioeconomic variables with regional information in order to identify commonali
Bezzdna [24]

Answer:

Geo-demographic technique

Explanation:

This is a technique that simply combine data on consumer expenditures and socioeconomic variables with geographical information in order to identity commonalities in consumption patterns of households in various regions.

4 0
3 years ago
Suppose sellers of perfume are required to send $1.00 to the government for every bottle of perfume they sell. Further, suppose
amm1812

Answer:

a. The effective price received by sellers is $0.40 per bottle less than it was before the tax.

Explanation:

When government imposes tax on a product, a seller's margin on such a product falls which the seller tries to recover from the buyer by raising the price of the product.

In the given case, $1 is tax payable to government out of which the seller recovers $0.60 from the buyer via increased price. So, the remaining $0.4 tax is being paid by the seller out of his own pocket.

Effective price received refers to net amount received by the seller after deducting expenses and taxes. So, in the given case, the seller now receives $0.4 less per bottle than the receipts before such tax was imposed.

5 0
3 years ago
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