Answer:
COGS 463
Explanation:
FIFO method:
begining inventory: 10 units at $ 14
March 2nd purchases: 10 units at $ 26
March 6th purchases: 6 units at $ 21
It sold 23 units:
We will take units from the top, which are the frist units until fulfil the order.
23 - 10 units at $ 14 = 13
After using the beginning inventory, we are still short, so we use next units:
13 - 10 units at $ 26 = 3
we are still short by 3 units, so we move to next units:
3 - 3 units at $ 21 = 0
We use 3 units from the last purchase and we complete the request.
Now we calculate cost of goods sold
Total COGS:
10 x 14 = 140
10 x 26 = 260
3 x 21 = <u> 63 </u>
Total 463
Answer:
BEP $274,509.8
Explanation:
Product X sales weight 70%
Product Y sales weight 30%
X CMR 0.60 x 70% sales weight = 0.42
Y CMR 0.30 x 30% sales weight product Y = 0.09
Contribution mix 0.51
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140,000 fixed cost / 0.51 = 274,509.8
Answer:
A process designed to identify, qualify, and prioritize sales opportunities, whether they represent potential new customers or opportunities to generate additional business from existing customers
Explanation:
1) Generating Sales Leads
-Qualifying sales leads
2) Determining Sales Prospects
3) Prioritizing Sales Prospects
4) Preparing for Sales Dialogue
5) Remaining stages in the trust-based sales process