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Question 2 25 pts Golf Clubs 'n Balls is a $16 million company with 1 president and the following number of sales reps in these
Question 2 25 pts Golf Clubs 'n Balls is a $16 million company with 1 president and the following number of sales reps in these two territories: -Eastern U.S. ($12 million in sales, 10 reps) -Western U.S. ($4 million in sales, 6 reps) The company sells two types of products (and each rep sells both products): -Golf clubs ($10 million in sales) and -Golf balls ($6 million in sales). And you can assume that the following list contains information on all other costs for this company: Each rep is paid a straight salary of $106,087 The company president is paid a salary of $670,330 They recently spent $280,447 for a national TV ad which focused on golf clubs only (not balls). Cost of goods sold is exactly 1/2 of sales (i.e., 50%) Do a full cost analysis, allocate indirect costs as a percent of sales, in order to calculate the net profit generated by the company's line of golf clubs. Round to nearest dollar amount
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