1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Monica [59]
3 years ago
12

In order to motivate our sales force to increase sales, we decided to increase our commissions and salaries and increase marketi

ng. At the same time, our supplier increased its prices, and we felt we could pass that cost increase on to our customers in the form of price increase. However, with the additional pressure to make sales, coupled with the increased sales price, we had to loosen credit terms on sales. We also had to lease a little more distribution space and acquire another truck to handle the volume increase. Our shipping expense relates to gasoline on deliveries. Luckily, gas prices went down from what we originally expected this year.
In the table below, classify EACH ACCOUNT on the budget according to whether the variances in the performance report are consistent or inconsistent with the client’s story, or unexplained by the client’s story. Place an "X" in the appropriate column. If the Revenue/Spending Variance and Activity Variance differ with respect to one account (i.e., one is consistent and one is inconsistent) then indicate which belongs in which column.
Consistent
Inconsistent
Unexplained
Sales revenue
Cost of Goods Sold
Commission
Shipping Expense
Bad debt expense
Salaries
Lease of distribution center
Depreciation of fleet and equip
Advertising
Office rent, phone, internet
Business
1 answer:
algol [13]3 years ago
8 0

Answer:

Sales Revenue - Inconsistent

Cost of Goods Sold - Inconsistent

Commission - Consistent

Shipping expense - Inconsistent

Bad debt expense - Unexplained

Salaries - Consistent

Lease of distribution center - Consistent

Depreciation of fleet and equipment - Inconsistent

Advertising - Consistent

Office rent, Phone, Internet - Inconsistent

Explanation:

The increase in selling price will result in change in the revenue figure. The cost of distribution is increased due to handling the addition volume. This will result in an increase in shipping expense and cost of goods sold. Salaries and  commission of the staff will remain consistent as there will be no change due to increase of selling price.

You might be interested in
Mark hires Joe's real estate agency to sell his estate, telling Joe he has lost too much money playing the stock market to affor
artcher [175]

Answer:

No.

Explanation:

The contract is no longer valid because of changes in the condition of offer. By the operation of law, the occurrence of certain events will automatically terminate an agency relationship. Since Mark expressly stated that the reason he was selling the estate was because he has lost so much money, any significant cash inflow to Mark apart from the sale of the estate will ultimately affect his decision to sell. As such, the lottery he won is a cash flow and since a vital condition for selling the estate has been breached. The contract is to be declared invalid.

6 0
3 years ago
The dividend irrelevance theory, proposed by Miller and Modigliani, says that provided a firm pays at least some dividends, how
lesantik [10]

Answer:

b) false

Explanation:

In the case of theory that developed by MM in this the investor have no need for concering with respect to the dividend policy of the company as in this the sell option is there with regard to the equity portfolio when they need the cash

So according to the given situation, the given statement is false

hence the option b is correct

7 0
3 years ago
Shannon says that she works out in the evenings instead of the afternoons because Roger is always late coming home from work. Ro
IrinaVladis [17]

Answer:

The options are given below:

a) punctuation

b) interpretation

c) perceptuation

d) conjugation

e) intrepidation

The correct option is A. Punctuation.

Explanation:

To punctuate a communication refers to the interpretation of an ongoing sequence of events by determining that one event is the cause and the resulting event is the response. In a situation with communication, if one thing happens, something else always happens.

In the scenario above, both Shannon and Roger are exemplifying the theory of punctuation, because they each think that their actions are as a result of the actions of the other person.

7 0
3 years ago
Features of a cover note​
musickatia [10]

Answer:

It will be:

a) Address and date

b) salutation

c) Body of letter.

d) Conclusion.

Explanation:

The first one is address.

The second one is one's greetings.

The third one is: one's purpose of writing the letter.

The last is  the rounding up of the letter.

8 0
3 years ago
What are the benefits to employers and workers of making a workplace ergonomically correct?
kotegsom [21]
Fewer injuries/workers compensation claims.  Safer workplace. Greater comfort. Higher productiviity
7 0
4 years ago
Other questions:
  • Bradley, the president of Commerce & Trade, Inc., claims that certain actions by the federal government and the state of Del
    9·1 answer
  • Explain why income property cash flow is not the same as taxable income. Property cash flow usually differs from property taxabl
    8·1 answer
  • One advantage of using a credit card is
    13·1 answer
  • At the end of the next four years, a new machine is expected to generate net cash flows of $8,000, $12,000, $10,000, and $15,000
    7·1 answer
  • Which of the following is an example of an expansionary fiscal​ policy?
    11·1 answer
  • Using time and materials pricing, what is the total price for a job requiring 3 direct labor hours and $57 of materials?
    6·1 answer
  • Which of the following is a common form of value engineering in which the design team prepares several possible designs of the p
    12·2 answers
  • What is division of duties
    8·1 answer
  • Jimmy establishes a Roth IRA at age 47 and contributes a total of $89,600 over 18 years. The account is now worth $112,000. How
    10·1 answer
  • The Exclusive Gift Company has a monopoly over the sale of gold hula hoops. This company is currently pricing and producing wher
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!