Cost benefits for Cookridge Carpets Ltd calculations
Note 1, (Report 6.7)
Cookridge Carpets Ltd has outstanding invoices of more than £1000.00 per customer from 500 customers
This will bring extra income to the business of £50000.00
500 customers x £10000.00(at least outstanding amount of unpaid invoice) = £500000.00
Note 2 & Note 3 (Report 6.7)
Salary:
Basic wages of new staff member is £12000.00 per annum.
Commissions:
Cookridge Carpets Ltd will pay 1% for collection of unpaid invoices.
Therefore £500000.00 x 1%= £5000.00 payable for commission in 2011/12
Note 4 (Report 6.7)
For new member of staff the company will need to purchase new telephone and new desk. According what market is offering the company could buy:
Telephone at a cost of £20.00 (Furniture for the Business Ltd article nr 50)
New desk with the chair £230.00 (Furniture for the Business Ltd Article nr 210)
All prices including VAT.
Note 5 (Report6.2)
To purchase new computer system will cost the company:
Sage 50
Cost £204.00...