What is the desk cost per associate

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Reference no: EM132199382

1. A brokerage firm has annual operating expenses of $190,000. Cost of sales is 54% of the gross commissions received. A staff of 12 sales associates share nine desks. What is the desk cost per associate?

A) $15,833

B) $21,111

C) $27,615

D) $24,544

2. A sales associate says to the broker, "Please read this ad in the homes guide and give me your opinion. I've been running this ad for several weeks without a single response, 'Beautiful home with updated kitchen in Astoria Park. Large master suite, pool, immaculate throughout. Close to schools. $265,000.'" The broker's response will likely be

A) "It's not advisable to advertise the price."

B) "You should show the size of the home (how many bedrooms) in the ad to get more responses."

C) "It's not advisable to advertise that schools are close."

D) "Don't put 'immaculate' in an ad because it will raise buyers' expectations."

3. Bill Maze, recently hired by Custom Computers, Inc. has suggested using the economic order quantity for the heat sinks. From problem 9:

Unit purchase price (p): $12 Annual demand (D): 5,200 units

Order quantity (Q): 1,300 units Annual unit holding cost: $3.00

Order cost: $50.00

Using the information in Problem 9, calculate the following:

a. Economic order quantity (EOQ):

b. Average inventory level:

c. Number of orders placed per year:

d. Total annual ordering cost:

e. Total annual holding cost:

f. Total annual cost:

Reference no: EM132199382

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