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Controllership ACC340 Homework

Southern New Hampshire University Module Two Homework Answer the following questions in a Word document. 1) If you have not done so already, download the sales pivot file in the Module Two Resources folder. Using the pivot table sales resource, which sales person had the highest total sales for the: UK? King USA? Peacock Overall? Peacock How many orders were placed on 2/18/2005? 4 What were the total sales for that day? 3719.10 2) Name at least two types of sales analyses that the controller might perform for the sales team. How would these help the sales team? a. Two types of sales analyses controllers could perform for the sales team are: performance and price analysis. Performance of the employees will show how each employee is doing in their sales. This will help the sales team by encouraging them to do better each week and hold them accountable. Price analysis will also help the sales team. Knowing what the potential sale amounts are will drive team members to meet the highest number of sales they can possibly reach. This will improve the overall efficiency of the sales team. 3) Breakeven Questions What are the breakeven points for Widgets A, B, and C given the following information? Fixed costs for A = 500, B = 500, C = 500 Pricing for A =$20, B= $30, C = $40 Variable costs for A =$10, B= $5, C= $20 Breakeven A = 50 Breakeven B = 20 Breakeven C = 25 would you tell him? I would inform him of the loss in profits it would cause and advise him not to lower the price. Southern New Hampshire University Which product is the most profitable if 60 units of each were sold? I would think that option B is most profitable. 4) Think of any large company. Look up their mission statement. What is their mission statement? Do you think this company lives up to their mission statement? Why or why not? I chose to do this part on Hobby Lobby. Their mission statement is "offering our customers exceptional selection and value. Serving our employees and their families by establishing a work environment and company policies that build character, strengthen individuals, and nurture families." I believe that they live up to their mission statement by doing each of what they strive for. The stores have reasonable prices, and on top of that there is a sale products at a likeable value. The stores always have respectful and pleasant employees, they are very welcoming, they are helpful, and they always make you feel a part of the Hobby Lobby family. 5) If you had as much money as Bill tfates and decided to create any company you wanted, what would your business be? What would your mission statement be? How did you come up with this statement? What aspects of your business did you think about to determine your statement? If I had the amount of money that Bill tfates has, I would creat