Answer:
Consultative selling is central to providing novel solutions for customers, thereby creating value for them
Explanation:
The customer is not actually buying product in most cases, he is actually buying solution of its problems which means that
- Analyzing customer's requirements is to make sales because if we don't know what actually the customer is demanding then we can't satisfy our customer.
- Effective customer relationship play vital role in making sales.
- Consultative selling helps in meeting the requirement of the customer, building customer loyalty by recommending them best option. This helps in generating value for both customers and suppliers.
Answer:
$5 per unit.
Explanation:
At an activity level of 3,000 units, we have:
Variable cost per unit = Total variable cost / Units produced = $15,000 / 3,000 = $5
Since the variable cost per unit must be equal at both lowest and highest level of activities, theerefore, the variable cost per unit at 3,500 is also $5 per unit.
Answer:
Option C) Medoc Company's Break Even Point is 34,100 Units
Explanation:
Break Even point is defined as the level of activity or production at which the company's Total Sales Revenue is equal to its total expenses. In other words, Break Even Point is No Profit, No Loss Point.
Break Even Point in Units = Total Fixed Costs ÷ Contribution Per Unit
where:
Contribution per unit = Selling Price per unit - Variable Costs per Unit
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<u>Calculations:</u>
Contribution per Unit = $6.30 - $4.55 = $1.75
Break Even Point in Units = $59,675 ÷ $1.75
Break Even Point in Units = 34,100 Units
Answer:
High Level Benchmark Analysis of Other Similar Projects . ... project and to explore possible opportunities for collaboration with the institutions. The questions ... proposed plans for student housing – the proposal is critical to the process, and to ... Where a municipality, for whatever reason, seeks to enlist the services
Explanation:
Hope this was helpful
Answer:
Debit notes Payable $6,900
Debit interest expense $69
Credit cash $6,969
Explanation:
The interest amount payable on maturity is $6900*6%*2/12=$69
The actual principal remains at $6900
The appropriate entries would to debit notes payable with $6,900 and interest expense with $69 while the credit of $6969 goes to cash account representing an outflow to settle the obligation.
The rationale for this is that settle of an obligation would require debit the payable account.
