Answer: Option (D)
Explanation:
Checkmark in the post reference column of general journal refers to the fact that amount has been recorded in subsidiary ledger. As for each of the general ledger account there tends to lie a subsidiary ledger and the cumulative balance of the subsidiary ledger is also presented in balance sheet. For example, there are "n" number of the vendors in a business, but in the balance sheet only one account lies under the heading creditors. This is so, as posting entry the sub-ledger of the individual vendor is referred and accordingly, the cumulative balance of all vendors is presented in balance sheet as a final general ledger account.
Answer:
WP Corporation
Which of the products should be processed beyond the split-off point? Product X Product Y Product Z
B) yes no yes
Explanation:
a) Data and Calculations:
Budgeted data for the next month:
products X Y Z
Units produced 2,400 2,900 3,900
Per unit sales value at split-off $ 21.00 $ 24.00 $ 24.00
Added processing costs per unit $ 3.00 $ 5.00 $ 5.00
Per unit sales value if processed further $ 25.00 $ 25.00 $ 30.00
Added profit after further processing $ 1.00 ($4.00) $ 1.00
Further processing of the products X, Y, and Z will yield further or added profit of $1.00 from products X and Z, but a loss of $4 from product Y. Therefore, product Y should not be processed further, unless its cost structure is such that there is a more than $4 profit to be generated and its further processing is necessary for the other two to be sold, that is if the three products must be sold jointly. In such a case, management could take further analysis to reduce the cost for consumers.
The answer is 20%, 40 is 1/5 of 200, therefore it is 20%
Answer:
D. I, II, III
Explanation:
For suggesting a variable annuity to a customer, the representative has the reasonable basis to trust the customer that gained from growth of the deferred tax for the separate account, the trust of receiving the income for life and the living or death benefit allowed in the contract
So here they all three give conditions should be considered as they are relevant
Answer:
<u>Relationship selling</u>
Explanation:
Relationship selling is focussed more upon successfully building a long term relationship between a seller and a buyer rather than being merely focussed upon effecting a sales through .
The technique emphasizes upon the quality of interaction between the seller and the buyer which shall serve as a basis for develoment of a future relationship between the company and the customer.
This technique is prominent in case of those companies that rely on repetitive purchases on part of the buyer like private instructors. Good relationships may lead to customer loyalty which prompt repetitive purchases at their end.
In the given case, the supplier company's sales person rearranged production schedule so as to accomodate unexpected demand from a major client. Such an action demonstrates company's sales policy with emphasis upon relationship selling.
