Question

Jim sells college textbooks. To date Jim has sold $141,002 worth of textbooks. His sales quota is $194.159. Tomorrow he expects to sell $15,005 worth of textbooks to

B College. His last stop will be Munroe College. If he sells what he expects to at B College, what must he sell at Munroe to meet his quota?

Answer 1

Given:

Cost of books sold up-to-date = $141.002

Sales quota = $194.159

Expectation = $15.005

To find:

Sales to be done at Munroe college if the expected sales has been accomplished.

Solution:

To calculate the sales to be done we have to subtract the cost of books sold up-to-date and expectation from the sales quota. That is,

`\text{Sales quota - Cost of books sold up-to-date - Expectation = Sales leftover}\\\\ \Rightarrow \$194.159 - \$141.002 - \$15.005 = \$53.157 - \$15.005\\\\ \Rightarrow \text{ Sales leftover }=\$38.152`

Therefore, the sales to be done at Munroe college is $38.152.