The entire calculator value should be used to calculate the overhead in this exercise.

Department $1$ had $\$ 5,200$ in sales for the month, department $2$ had $\$ 4,700$. department $3$ had $\$ 6.520$, department $4$ had $\$ 4,870$, and department $5$ had $\$ 2,010$. The total overhead was $\$ 10,000$. Find each department's overhead based on sales.

Use the following information to work Problems 7 to 9. Uncertain outlook The Commerce Department reported that in December 2015, retail sales rose by 0.2, net exports decreased, inventories held by businesses rose by 0.1 percent, and total sales by businesses fell by 0.6 percent.

Explain the effect of the fall in net exports on GDP.

You are considering two job offers. The first job pays $\$ 3000$ per month. The second job pays $\$ 1000$ per month plus a commission of $4 \%$ of your gross sales. Write an inequality yielding the gross sales $x$ per month for which the second job will pay the greater monthly wage. Solve the inequality.

A trial balance before adjustments included the following:

Sales $425,000

Sales returns and allowance$14,000

Accounts receivable 53,000

Allowance for doubtful accounts 760

If the estimate of uncollectibles is made by taking 10% of gross account receivables using the balance sheet approach , the amount of the adjustment is

a. $4,540

b.$5,300

c. $5,224

d.$6,060

The ledger of Wainwright Company at the end of the current year shows Accounts Receivable $78,000; Credit Sales$810,000; and Sales Returns and Allowances $40,000.

Instructions

(b) If Allowance for Doubtful Accounts has a credit balance of$1,100 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be 10% of accounts receivable.

The snowmobile sales S (in units) at a dealership are modeled by $S=58.3+32.5 \cos \frac{\pi t}{6}$ where t is the time (in months), with t=1 corresponding to January. (a) Use a graphing utility to graph S. (b) Will the sales exceed 75 units during any month? If so, during which month(s)?

The monthly sales in thousands of dollars for Fiona’s Fine Ice Cream shop can be modeled by $and=71.3+59.6 \sin \frac{\pi(t-4)}{6}$, where t=1 represents January, t=2 represents February, and so on. Describe why the ice cream shop’s sales can be represented by a trigonometric function.

Find the commission.

$$\scriptstyle\begin{array}{|c|l|c|c|c|l|} \hline \text { Sales } & \text { Total } & \times & \text { Straight } & = & \text { Commission } \\ \text { Position } & \text { Sales } & {} & \text { Commission Rate } & {} & \text { } \\ \hline \text { Siding contract } & b & \times & 12\% & = & \$ 690.48 \\ \hline \end{array}$$

An experiment is conducted to study the effects of two sales approaches-high-pressure $(H)$ and low-pressure $(L)$ - and to study the effects of two sales pitches ($1$ and $2$) on the weekly sales of a product. The data in Table $11.17$ are obtained by using a completely randomized design, and Figure $11.15$ gives the Excel output of a two-way ANOVA of the sales experiment data. Using Table $11.17$ and the computer output of Figure $11.15$:

Figure $11.17$ Results of the Sales Approach Experiment

$$\begin{array}{lrr} & & \text{Sales Pitch}\\ \text{Sales Pressure} & 1 & 2\\ H & 32 & 32\\ & 29 & 30\\ & 30 & 28 \\ L & 28 & 25\\ & 25 & 24\\ & 23 & 23 \end{array}$$

Figure $11.15$ Excel Output of a To-Way ANOVA of the Sales Approach Data ANOVA: Two-Factor With Replication

$$\begin{array}{lrrr} \text{SUMMARY} & \text{Pitch 1} & \text{Pitch 2} & \text{Total}\\ & \text{\bf{High Pressure}} & & \\ \text{Count} & 3 & 3 & 6\\ \text{Sum} & 91 & 90 & 181\\ \text{Average} & 30.3333 & 30 & 30.1667\\ \text{Variance} & 2.3333 & 4 & 2.5667\\ & \text{\bf{Low Pressure}} & &\\ \text{Count} & 3 & 3 & 6\\ \text{Sum} & 76 & 72 & 148\\ \text{Average} & 25.3333 & 24 & 24.6667\\ \text{Variance} & 6.3333 & 1 & 3.4667\\ & \text{\bf{Total}} & &\\ \text{Count} & 6 & 6 &\\ \text{Sum} & 167 & 162 &\\ \text{Average} & 27.8333 & 27 &\\ \text{Variance} & 10.9667 & 12.8\\ \end{array}$$

$$\begin{array}{lrrrrrr} \text{\bf{ANOVA}} & & & & & &\\ \text{Source of Variation} & \text{SS} & \text{df} & \text{MS} & \text{F} & \text{P-value} & \text{F crit}\\ \text{Pressure} & 90.75 & 1 & 90.75 & 26.5610 & 0.0009 & 5.3177\\ \text{Pitch} & 2.0833 & 1 & 2.0833 & 0.6098 & 0.4574 & 5.3177\\ \text{Interaction} & 0.75 & 1 & 0.75 & 0.2195 & 0.6519 & 5.3177\\ \text{Within} & 27.3333 & 8 & 3.4167\\ \text{Total} & 120.917 & 11 \end{array}$$

Perform graphical analysis to check for interaction between sales pressure and sales pitch.

A company reimburses its sales representatives $200 per day for lodging and meals plus$0.51 per mile driven. Write a linear equation giving the daily cost C to the company in terms of x the number of miles driven. How much does it cost the company if a sales representative drives 137 miles on a given day?

Use the following model to forecast quarterly sales ($Million) for a company (where time is rescaled to begin at zero and$Q_2, Q_3$, and$Q_4$are dummy variables for the indicated quarters), and respond to the given question.$ $\hat{y}$=1.1+0.2 t-0.1 Q_2-0.5 Q_3+0.5 Q_4$

a) For the first quarter of the time series, what are the sales?

(Find the Largest Number) The process of finding the largest number (i.e., the maximum of a group of numbers) is used frequently in computer applications. For example, a program that determines the winner of a sales contest would input the number of units sold by each salesperson. The salesperson who sells the most units wins the contest. Write a pseudocode program and then a program that inputs a series of 10 non-negative numbers and determines and prints the largest of the numbers. Hint: Your program should use three variables as follows:

counter: A counter to count to 10 (i.e., to keep track of how many numbers have
been input and to determine when all 10 numbers have been processed)
number: The current number input to the program
largest: The largest number found so far

What is the traveling salesperson problem? What is the optimal solution?

I use my own car in my sales job, so the company_____me for my automobile expenses. (reimburses; renovates)