Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Data for sales Item Big box Small box Cost 76 164 Commision* 11% 19% Price 210 310 Units Sold 4,140 5,460 * Commission is based
Data for sales Item Big box Small box Cost 76 164 Commision* 11% 19% Price 210 310 Units Sold 4,140 5,460 * Commission is based on sales price and units sold Overhead Health insurance Salaries Marketing Rent 76,100 256,300 15,300 28,400 Please compute earnings from operations You are a financial decision maker and have talked with your marketing department. You are considering the following: Item Cost Commision Price Big box same same 191 Small box same same 397 Units Sold 5,134 4,586 Assume the changes in prices and units sold has no impact on overhead. 1 How much has total sales (in dollars) increased? A Between 3.000% and 6.000% B Between 6.000% and 8.500% C Between 8.500% and 11.000% D Between 11.000% and 15.000% 2 How much has earningts from operations increased? A Between 6.000% and 39.000% B Between 39.000% and 49.000% C Between 49.000% and 57.000% D Between 57.000% and 70.000% Data for sales Item Big box Small box Cost 76 164 Commision* 11% 19% Price 210 310 Units Sold 4,140 5,460 * Commission is based on sales price and units sold Overhead Health insurance Salaries Marketing Rent 76,100 256,300 15,300 28,400 Please compute earnings from operations You are a financial decision maker and have talked with your marketing department. You are considering the following: Item Cost Commision Price Big box same same 191 Small box same same 397 Units Sold 5,134 4,586 Assume the changes in prices and units sold has no impact on overhead. 1 How much has total sales (in dollars) increased? A Between 3.000% and 6.000% B Between 6.000% and 8.500% C Between 8.500% and 11.000% D Between 11.000% and 15.000% 2 How much has earningts from operations increased? A Between 6.000% and 39.000% B Between 39.000% and 49.000% C Between 49.000% and 57.000% D Between 57.000% and 70.000%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started