I think the answer is true although i'm not sure. please go back to your lesson and check, everything says there. I'm guessing you are home-schooled so just go through the lesson while doing the test, this way you will know for sure that you got everything right.
Alan karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical parts manufacturer. Alan is considered as an outside sales representative.
outside sales representative also referred to as area income representatives, outside sales representative close sales through face-to-face interaction with customers based totally within assigned income territories. They meet with potential and existing customers to give income proposals, tell them of product advantages and features, and negotiate costs.
What are outside sales representative?
outside sales representative confer with the sales of products or services by using sales employees that bodily exit into the field to fulfill with potential clients. outside sales representative have a tendency to paintings autonomously out of doors of a proper office putting or a formal crew environment.
What's the distinction among an inside and outside sales representative?
Internal income reps normally sell proper from their office or home table. outside sales representative, then again, travel and broker face-to-face deals. at the same time as out of doors income reps likely have an employer with physical office space, those salespeople are meeting with potentialities at trade suggests, conferences, and industry activities.
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Answer:
Inventory at year-end: 344,000
Explanation:
The inventory should add the purchased goods from Pelzer as the possesion is transfer at shipping point.
The sales units to Alvarez should also be included as teh transfer is not complete yet. The term on this transaction are at destination.
Total inventory in transit: 28,940 + 39,800 = 68,740
on hand: $ 275,260
in-transit: $<u> 68, 740 </u>
Total: $ 344,000
Answer:
Cost of goods sold on April 25 is $13.80 and the inventory balance is $55.20
Explanation:
Data given:total unit
Cost of purchase with data;
Date Amount
April 5 $10
April 10 $12
April 15 $14
April 20 $16
April 22 $17
Total cost 69
Average cost = total cost /total quantity
= 69/5
=13.8
The cost of the ending inventory is given on the balance sheet below
Date Purchases Cost of Inventory Bal. Avg Cost
goods sold
April 5 $10* 1 unit= $10 - $10 10/1 = $10
April 10 $12* 1 unit=$12 - 10+ 12 = 22 22/2 = 11
April 15 $14* 1 unit=$14 - 22+14 =36 36/3 = 12
April 20 $16* 1 unit= $16 - 36 +16 =52 52/4 = 13
April 22 $17* 1 unit = $17 - 52+17 =69 69/5 = 13.8
April 25 - 1 unit*13.8 = 13.80 69 - 13.8 = 55.20
