Vail Company recorded the following selected transactions during November 2015.

Nov. 5	Accounts Receivable—Ski Shop	4,615
	$~~~~$ Sales		4,615
10	Accounts Receivable—Welcome Enterprises	1,350
	$~~~~$ Sales		1,350
13	Accounts Receivable—Zia Natara	832
	$~~~~$ Sales		832
21	Sales Returns and Allowances	209
	$~~~~$ Accounts Receivable—Zia Natara		209
30	Accounts Receivable—Ski Shop	2,713
	$~~~~$ Sales		2,713

1. Open a general ledger having T-accounts for Accounts Receivable, Sales, and Sales Returns and Allowances. Also open an accounts receivable subsidiary ledger having a T-account for each customer. Post these entries to both the general ledger and the accounts receivable ledger.

2. Prepare a schedule of accounts receivable (see Exhibit 9.4) and compare its total with the balance of the Accounts Receivable controlling account as of November 30.

Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is$3,900). Dextra collects 5% sales tax. (1) Record the entry for the $6,000 sale and its sales tax. (2) Record the entry that shows Dextra sending the sales tax on this sale to the government on October 15.

Some jobs pay a commission plus a bonus at the end of the year. The bonus may be a percent of the salesperson’s total commission for the year.

a. Madelyn Carr is a sales representative. She receives a 7% commission on all sales. At the end of the year, she receives a bonus of 5% of her commission. What is her total pay for a year in which she had sales totaling $412,454?

b. What would Madelyn’s total pay be if her sales were$316,250?

X-Tel budgets sales of $\$ 60,000$ for April, $\$ 100,000$ for May, and $\$ 80,000$ for June. In addition, sales are $40 \%$ cash and $60 \%$ on credit. All credit sales are collected in the month following the sale. The April 1 balance in accounts receivable is $\$ 15,000$. Prepare a schedule of budgeted cash receipts for April, May, and June.

Use a graphing utility to graph the sales function over 1 year, where S is the sales (in thousands of units) of a seasonal product, and t is the time (in months), with t = 1 corresponding to January. Determine the months of maximum and minimum sales. $S=56.25+9.50 \sin \frac{\pi t}{6}$

1. Write a statement that declares sales to be a pointer to a pointer of type double.
2. Write a C++ code that dynamically creates a two-dimensional array of five rows and seven columns and sales contains the base address of that array.
3. Write a C++ code that inputs data from the standard input device into the array sales.
4. Write a C++ code that deallocates the memory space occupied by the two-dimensional array to which sales points.

An electronics company has a new line of portable radios with CD players. Their research suggests that the daily sales s for the new product can be modeled by $s=-p^{2}+120 p+1400,$ where p is the price of each unit. What price gives maximum daily sales? What are the maximum daily sales?

Consider the next data from a small bookstore.

Number of Sales People Working	Sales (in $1000 )
2	10
3	11
7	13
9	14
10	18
10	20
12	20
15	22
16	22
20	26
$ $\bar{x}=10.4	$ $\bar{y}=17.6
SD(x)=5.64	SD(y)=5.34

The manager wants to predict Sales from the Number of Sales People Working.

c) Find the intercept,$b_0$.

Total sales of the Worland Marke ts were $8,200,000 two years ago and$9,020,000 last year.

A child 's toy was recalled as being unsafe . Before the recall, sales of the toy were 16,760 units . The toy has been redesigned, and the company expects unit sales to be only 40% of what they

The Lady Bug, a women 's clothing chain store, found that $t$ days after the end of a sales promotion the volume of sales was given by

$$S(t)=20,000(1+e^{-0.5t}),\,\,\, (0\leq t\leq 5)$$

dollars. a. Find the rate of change of The Lady Bug's sales volume when $t=1,\,t=2\,,t=3$ and $t=4$. b. In how many days will the sales volume drop below $27,400?

Vail Company recorded the following transactions during November.

Nov. 5      Accounts Receivable-Ski Shop                4,615
                Sales                                           4,615
                
    10      Accounts Receivable-Wekome Enterprises      1,350
                Sales                                           1,350
                
    13      Accounts Receivable-Zia Nalara                832
                Sales                                             832
                
    21      Sales Returns and Allowances                  209
                Accounts Receivable-Zia Natara                    209
                
    30      Accounts Receivable-Ski Shop                2,713
                Sales                                           2,713

1. Open a general ledger having T-accounts for Accounts Receivable, Sales, and Sales Returns and Allowances. Also open an accounts receivable subsidiary ledger having a T-account for each or its three customers. Post these entries to both the general ledger and the accounts receivable ledger.

2. Prepare a schedule or accounts receivable and compare its total with the balance of the Accounts Receivable controlling account as of November 30.

The total light beer sales in the United States is approximately 3 million gallons annually. With this large market, breweries often need to know more about who is buying their product. The marketing manager of a major brewery wanted to analyze the light beer sales among college and university students who do drink light beer. A random sample of 285 graduating students was asked to report which of the following is their favorite light beer:

1. Bud Light
2. Busch Light
3. Coors Light
4. Michelob Light
5. Miller Lite
6. Natural Light
7. Other brands The responses were recorded using the codes 1, 2, 3, 4, 5, 6, and 7, respectively. Use a graphical technique to summarize these data. What can you conclude from the chart?

A pharmaceutical salesperson receives a monthly salary of $5500 plus a commission of 7% of the total monthly sales. Write a linear model that relates the total monthly wages W to the sales S.

Sunset Surfwear, a California-based merchandising store, had the following sales and cash receipt transactions for January. The partial chart of accounts for Sunset Surfwear follows. $$ \begin{array}{ll} \text{General Ledger} & \text{ }\\ \text{101 Cash in Bank} & \text{401 Sales}\\ \text{115 Accounts Receivable} & \text{405 Sales Discounts}\\ \text{215 Sales Tax Payable} & \text{410 Sales Returns and Allowances}\\ \end{array} $$ $$ \begin{array}{ll} \text{Accounts Receivable Subsidiary Ledger} & \text{ }\\ \text{ADA Adams, Martha} & \text{MOU Moulder, Nate}\\ \text{HAM Hamilton, Alex} & \text{WES Westwood High School Athletics}\\ \text{JUN1 Jun, Helen} & \text{ }\\ \end{array} $$ Record the following transactions on page 20 of the general journal. $$ \begin{array} \text{Date} & \text{Transactions}\\ \text{Jan. 1} & \text{Sold \$300 in merchandise plus a sales tax of \$18 on account to }\\ \text{ } & \text{Martha Adams, Sales Slip 777.}\\ \text{5} & \text{Sold \$1,500 in merchandise on account to Westwood High}\\ \text{ } & \text{School Athletics, Sales Slip 778.}\\ \text{7} & \text{Received \$400 from Alex Hamilton on account, Receipt 345.}\\ \text{10} & \text{Issued Credit Memorandum 102 to Martha Adams for \$318}\\ \text{ } & \text{covering \$300 in returned merchandise plus \$18 sales tax.}\\ \text{15} & \text{Recorded cash sales of \$800 plus \$48 in sales tax, Tape 39.}\\ \text{15} & \text{Recorded bankcard sales of \$900 plus \$54 in sales tax,}\\ \text{ } & \text{Tape 39.}\\ \text{20} & \text{Received \$1,500 from Westwood High School Athletics in }\\ \text{ } & \text{payment of Sales Slip 778, Receipt 346.}\\ \text{25} & \text{Sold \$1,200 in merchandise plus sales tax of \$72 on account to}\\ \text{ } & \text{Helen Jun, Sales Slip 779.}\\ \text{28} & \text{Granted a \$106 sales allowance to Helen Jun, which includes}\\ \text{ } & \text{\$100 for damaged merchandise she kept and sales tax of \$6,}\\ \text{ } & \text{Credit Memorandum 103.}\\ \text{30} & \text{Received \$500 from a charge customer, Nate Moulder, in }\\ \text{ } & \text{payment of his \$500 account, Receipt 347.}\\ \end{array} $$