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2 years ago

How does compensation useful to the prospect

Business

1 answer:

MArishka [77]2 years ago

7 0

Answer:

Including incentives in the sales compensation plan makes a totally new level of worth within your organization. Sales compensation enables you to realize decided results and reassure behaviors in a way planned for an individual role in the organization.

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Assume the following information from a schedule of cost of goods manufactured: Cost of goods manufactured $ 158,000 Beginning w

Olegator [25]

Answer:

$67,000

Explanation:

Remember that,

Cost of Goods Manufactured = Beginning WIP + Total Manufacturing Costs - Ending WIP

this can also be written as :

Ending WIP = Beginning WIP + Total Manufacturing Costs - Cost of Goods Manufactured

therefore,

Ending Work In Process Inventory = $25,000 + $200,000 -$158,000

= $67,000

7 0

3 years ago

sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations determining what information is still ne

Ivenika [448]

Full question :

AdVance Corporation is a company that formulates and manufactures fertilizersfor the farming industry. The company produces several standardized formulas that canbe purchased directly through the retail arms of the company, but it also formulatescustom fertilizers for farms.Which of the following is the best use of a CRM system for an AdVance salesperson interms of relationship strategy?

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

determining what information is still needed to complete the customer's file

tracking the salesperson's activities and sales on a weekly and monthly basis

sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations

remembering customers' birthdays to send them cards to maintain a personal connection and request referrals

Answer:

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

Explanation:

The most effective use of the CRM(customer relationship management system) from the options listed is the follow up on customers to know how they perceive Advance fertilizer's product after having purchased and used it. This has a long list of benefits for Advance fertilizer as they can get customer feedback from customers through this, build relationship with them as well as gather more data to improve on their products in the future

8 0

3 years ago

What is the name of a person or business that is a parial owner of a company.?

nikklg [1K]

Answer:

Shareholder

Explanation:

A person or business that’s is a partial owner of a company

8 0

3 years ago

If a check correctly written and paid by the bank for $408 is incorrectly recorded on the company's books for $480, the appropri

vodka [1.7K]

Answer:

The correct answer is add $72 to the book's balance.

Explanation:

Bank reconciliation is a way of identifying discrepancies between the cash book balance (company's books) and the bank balance (balance per bank statement). The discrepancies can be as a result of erroneous posting, deposit in transit, outstanding checks, etc.

In the instance of the question, there was an erroneous posting in the cash book of $72 ($480 - $408). Instead of crediting cash book by $408, it was rather credited by $480 - meaning that the credit was overstated by $72. <em>To correct this erroneous posting, we have to add back $72 to the cash book balance.</em>

8 0

4 years ago

Rexford Corporation produces three products, with costs and selling prices as follows: Product A Product B Product C Machine hou

Alex787 [66]

Answer:

$9,400

Explanation:

For computing the maximum contribution margin we need to do following calculations

Contribution Margin

Product A = ($12 ÷3) = 4

Product B = ($5 ÷ 1) = 5

Product C = ($9 ÷ 2) = 4.50

So, the ranking order would be product B > product C > product A

Now

Total machine hours available = 2,100 hours

And,

Time for making 500 units of B

= 500 × 1

= 500 hours

For making 500 units of C, the time taken is

= 500 × 2

= 1000 hours

So the remaining hours left is

= 2,100 hours - 1,000 hours - 500 hours

= 600 hours

So, for A the manufactured is

= 600 ÷ 3

= 200

And, finally the Maximum contribution margin is

= (200 × $12) + (500 × 5) + (500 × 9)

= $2,400 + $2,500 + $4,500

= $9,400

7 0

4 years ago