Answer:
a. Wheels are direct material cost as are essential for the automobile to complete, as the cars one of the main equipment is wheels as it will not work without wheels.
b. Glass used in vehicle's windows are also direct material cost, as the material is directly used in automobiles to complete it.
c. Wages are direct labor cost, as to make an automobile labor need to work on the process and assemble all the materials properly in the automobile and then they re paid wages in exchange.
Answer:
The correct answer is A. Focusing on customer's wants so that the organization can distinguish its product (or products) from the competitors' products.
Explanation:
Specifically, the marketing concept involves the following:
- Focusing on the needs and wants of the customers so the organization can distinguish its product(s) from competitors’ offerings. Products can be goods, services, or ideas.
- Integrating all of the organization’s activities, including production and promotion, to satisfy these wants and needs
- Achieving long-term goals for the organization by satisfying customer wants and needs legally and responsibly
Answer:
$36,230
Explanation:
Month 1 Month 2 Month 3 Month 4
60,000 70,000 50,000 30,000
Calculation for receipts in Month 4:
9000 30% cash in the same month(30000*30%)
12600 60% credit in the same month
(30000*70%*60%
8750 25% in month following sales
(50000*70%*25%)
<u>5880</u> 12% second month following sales
(70000*70%*12%)
<em>36,230</em>
<em></em>
<em>I hope I made myself clear buddy.</em>
<em>Best of Luck.</em>
Answer:
D. Present
Explanation:
Sales objection can be defined as a hindrance or an obstacle posed as questions or statements to a salesperson by a potential or prospective buyer (prospect), indicating his or her unwillingness to buy a product.
Generally, in the selling process, prospective or potential buyers may object to a service, producer, competitor, price, time, product etc.
<em>Hence, discovering objections in the minds of potential buyers often takes place when the seller attempts to present the sale such as explaining the benefits attached to a product or demonstrating how to use the product.</em>
Additionally, in order to convince a potential buyer or handle the objections raised during the presentation of a product, salespersons are usually advised to listen, respond, clarify, and respect rather than being defensive.
Answer:
<u>Contribution Margin Income Statement for the year end MM DD, YY</u>
$ $
Sales revenue ($100 per unit) 66,000
Less: Variable Cost
Less cost of goods sold ($56 per unit) 36,960
Commissions expense ($6 per unit) 3,960
Shipping expense ($3 per unit) <u> 1,980 </u>
<u> 42,900 </u>
Contribution Margin 23,100
Less: Fixed Cost
Salaries expense 7,900
Advertising expense <u> 5,800 </u>
<u> 13,700 </u>
Net Income <u> 9,400</u>
