Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2 0 rints Racoon Life Appaxel will end 2 0 2 3 with $ 2 9 0 miltion in sales in their wonen's apparel line

20 rints
Racoon Life Appaxel will end 2023 with $290 miltion in sales in their wonen's apparel line and anticipates 5% growth in 2024 to 53045 million in sales.
The indastry average for the sales force cost as a pereentage of total sales is 6%.
The company's sales budget is divided into management (16%), field sales (82%), and sapport slaff (2%).
The average salesperson costs this company $85,000(ineluding salary, banus, commission, and benefits).
They curteally have 178 salespeople in the women's apparel division: 173 at the end of 2023 and five recruted in Jasuary 2024. Do they have enough salespeople to cover the market in 2024, or do they need to hire? If they need to hire, how many should they hire? Explain.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Frank Woods Business Accounting Volume 1

Authors: Alan Sangster, Frank Wood

13th Edition

1292084669, 9781292084664

More Books

Students also viewed these Accounting questions

Question

What are the potential limitations of group discussion?

Answered: 1 week ago