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Excelsior Company has three salespersons. Average sales price per unit sold, average variable manufacturing costs per unit, and number of units sold for each salesperson
Excelsior Company has three salespersons. Average sales price per unit sold, average variable manufacturing costs per unit, and number of units sold for each salesperson are shown below.
Commissions are earned according to the following schedule:
Total Sales | Percentage | |
$0 to 49,999 | 6% | |
$50,000 to $52,999 | 7% | |
Over $53,000 | 8% |
Salesperson | Mary Q. | John A. | Susan B. | |||
Avg. selling price per unit | $50.00 | $65.00 | $45.00 | |||
Avg. var. mfg. costs per unit | 25.00 | 30.00 | 35.00 | |||
Number of units sold | 1,000 | 750 | 1,200 |
Prepare a contribution by salesperson report.
Salesperson | Mary Q. | John A. | Susan B. |
Total sales | $fill in the blank 1 | $fill in the blank 2 | $fill in the blank 3 |
Variable mfg. cost | fill in the blank 4 | fill in the blank 5 | fill in the blank 6 |
Manufacturing margin | $fill in the blank 7 | $fill in the blank 8 | $fill in the blank 9 |
Commissions | fill in the blank 10 | fill in the blank 11 | fill in the blank 12 |
Contribution margin per salesperson | $fill in the blank 13 | $fill in the blank 14 | $fill in the blank 15 |
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