Answer:
A. 16,200
B. 11,940
Explanation:
Computation for the equivalent units of production for (a) materials and (b) conversion costs for the month of November.
A. Equivalent units of production for materials Materials
Total equivalent units= 9100 + (7100*100%)
Total equivalent units= 9100+7100
Total equivalent units= 16,200
B.Equivalent units of production for conversion costs
Total equivalent units= 9100+ (7100*40%)
Total equivalent units=9100+2840
Total equivalent units= 11,940
Therefore the equivalent units of production for (a) materials is 16,200 and (b) conversion costs for the month of November is 11,940
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.
Growth theory focuses on long run time horizons, whereas business cycles investigate short run time spans.
What is short run and long run in business cycle?
- Each nation’s economy varies between periods of extension and contraction.
- These changes are caused by levels of business, efficiency, and the whole request for and supply of the nation’s products and administrations.
- In the short-run, these changes lead to periods of development and retreat.
- But within the long-run, financial development can happen, permitting a country to extend its potential level of yield over time.
- Business cycles regularly care around short-term vacillations within the economy, that's five a long time or less.
- While growth hypothesis is more long-term arranged, they center on the long term enhancement of the economy.
- The time skyline for that's more than five a long time.
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