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V125BC [204]
4 years ago
15

In personal selling, the relationship must continue for a long time, as the salesperson responds to new requests for information

from current customers. This is an important part of the ______ step in personal selling.
Business
1 answer:
Ierofanga [76]4 years ago
4 0

Answer:

Presentation

Explanation:

There are six steps in making a successful sale. The first step is prospecting and Qualifying and the last one is following up on the sale.

Personal selling is the sale in which the seller makes a face to face presentation to the customer. Sales jobs range from the salespeople at the clothing stores to the engineers with MBA's who design complex systems for the manufacturers. The importance of personal selling is that it provides a detailed explanation of the product and the sales message can be varied as per the interests of the prospective customer. The size of the personal sales force can be varied as per the needs. In the above question, the salesperson responds to new requests of the customer, which is an important part of personal selling.

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1      Cost of goods sold      $ 13,350

2.    Value of finished goods ending inventory  $ 16,200  

3.    Value of work in process inventory  $ 0

Explanation:

Computation of cost of goods sold

Determination  of per unit cost

Opening balance                                                                      $  7,000

Direct Materials                                                                         $ 12,600

Direct Labour                                                                             $  3,500

Manufacturing overhead applied                                            <u> $  6,900</u>

Total cost of Job X32Z                                                              $ 30,000

Units completed                                                                                 250

Cost per unit                                                                                   $ 120

Units sold                                                                                          115 units

Cost of goods sold $ 120 * 115                           $ 13,800

Add; Adjustment for over applied overhead     <u>$ (   450)</u>

Cost of goods sold                                                                        $ 13,350  

Computation of Finished Goods Inventory value

Units produced                                                           250

Units sold                                                                     <u>115</u>

Units in ending inventory                                           135        

Cost per unit                                              $ 120 per unit

Value of ending inventory    $ 120 unit * 135 units                     $ 16,200

Computation of Work in process inventory

There are no units in process at the end of May, so there is no work in process. so then value is $ 0

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