ADMS 2510 Study Guide - Final Guide: Aftershave, Contribution Margin, Retained Earnings

• School: York University
• Department: Administrative Studies
• Course: ADMS 2510
• Professor: All

Document Summary

Sign-in number (to be filled when you sign in only): _______________ Adms2510 april 15, 2007, 7 to 10 pm. This is a closed book examination and no collaboration is allowed. There are a total of 100 marks. Write your name, student number, and section at the top of the page. Answer each question on the examination paper, and on the back of a page if necessary. You must write in pencil or pen. You have three hours; you must not leave before 9:00 pm. Place photo identification on your desk at the beginning of the examination to facilitate verification. Seco corp. , a wholesale supply company, uses independent sales agents to market the company"s products. These agents currently receive a commission of 20% of sales, but are demanding an increase to 25% of sales. Seco had already prepared its budget for next year before learning of the sales agents" demand for an increase in commissions.