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laila [671]
3 years ago
14

X-Tel budgets sales of $100,000 for April, $120,000 for May, and $75,000 for June. In addition, sales commissions are 10% of sal

es dollars and the company pays a sales manager a salary of $10,000 per month. Sales commissions and salaries are paid in the month incurred. Prepare a selling expense budget for April, May, and June.
Business
1 answer:
Marrrta [24]3 years ago
5 0

Answer:

                                   X-Tel budgets selling expense budget (Amounts in $)

Month                                      April                   May                June

Sales commission                 10,000              12,000             7,500      

Sales Manager's salaries      10,000              10,000            10,000

Total                                       20,000             22,000            17,500

Explanation:

The selling expense shows the forecast of sales related expenses. These include the manager's salaries and the sales commission. The sales commission is a percentage of projected. It may be computed as follows;

Sales commission for

April

= 10%* $100,000

= $10,000

May

= 10%* $120,000

= $12,000

June

= 10%* $75,000

= $7,500

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U-1 is a more____
Lady bird [3.3K]

Answer:

B. narrow, have been unemployed for 15 weeks or more weeks.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

There are different measures used in the measurement of the unemployment rate in a country's economy and these includes;

I. U-1: this is the percentage of people that are unemployed for at least 15 weeks or more.

II. U-2: this is the percentage of the people who have lost their job or the people that finished a temporary job.

U-1 is a more narrow measure of unemployment rate than the conventional U-3 measure and U-1 counts as unemployed workers who have been unemployed for 15 weeks or more weeks.

5 0
3 years ago
Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra
pantera1 [17]

Adirondack Marketing Inc.'s Factory Overhead per unit of Product A is <em>d. </em><em>$222.09</em><em> per unit.</em>

Data and Calculations:

Overhead             Total       Direct Labor Hours  DLH per Product

                                                                              A                 B

Painting Dept.      $251,700     10,200                 9                 5

Finishing Dept.         61,700      11,900                 5                 6

Totals                   $313,400     22,100                14                 11

The overhead rate for a unit of Product A in the <u>Painting Department</u> = Total overhead in the Painting Department divided by Direct Labor Hours, multiplied by <em>direct labor hours per unit</em> of Product A.

= $222.09 ($251,700/10,200 x 9)

Thus, for a unit of Product A, the overhead rate in the <u>Painting Department</u> is $222.09.

Learn more about overhead allocation at brainly.com/question/14095583

5 0
3 years ago
An attempt to gain control of the firm by buying sufficient shares of the target firm in the marketplace is known as a ________
nikdorinn [45]

Answer:

d. hostile takeover; tender offer

Explanation:

The hostile takeover is the transaction of the merger in which the management of the firm i.e. targeted would not support and acquirer could attempt to gain the control for purchasing the enough shares. And this could be achieved via a tender offer

Therefore as per the given situation, the option d is correct

hence, the same is to be considered

5 0
3 years ago
Three years ago, you invested $2,750. Today, it is worth $3,500. What rate of interest did you earn?
Ket [755]

Answer:

Rate of interest is 8.37%

Explanation:

Future Value = PV(1+r)^{3}

3,500 = 2750 (1+r)^{3}

\frac{3500}{2750} = (1+r)^{3}

\sqrt[3]{\frac{3500}{2750}} = \sqrt[3]{(1+r)^{3}}

1.0837 = 1+r

r = 1.0837 - 1

r = 0.0837

r = 8.37%

Check:

3500 = 2750 (1+0.0837)^{3}

3500 = 3500

6 0
3 years ago
Cool People Publications focuses their marketing efforts on reaching African-American teenage girls. The firm believes that they
Vinil7 [7]
The answer would be : B. Target Marketing

In Target Marketing, the firm planned to expose and delivered to a specific group of people called 'target group' ( this group of people usually have a same characteristic such age, gender, wage level, life style, etc). In this case, the target group is African-American teenage girls
7 0
3 years ago
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