<span>This is intensive distribution. This marketing strategy allows the company to get its product to as many customers as possible. This is in contrast to selective or exclusive distribution methods, in which a company tries to be specific about the markets and persons who are targeted by the product.</span>
A listing contract that spells out terms and conditions for the seller and broker is a Written or Expressed agency agreement.
Express agency is an agreement that is signed in writing and is made between the principal and the agent. The contracts give the agent authority granted by the principal through an agency agreement.
An Express agency is a real agency established by a verbal or written agreement between the agent and the principal. The Principal hereby appoints the Agent hereunder to act as the Principal's agent. An express agency, for instance, is a documented listing agreement between a broker and a real estate seller. An agency agreement outlines the conditions of the agency, including what the agent is allowed to do and how much is paid for the agent's services. The agreement also grants the agent the power that the principal specifies, such as the only able to act in her place.
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Answer:
(1) (i) Material A required = 216,000
(ii) Material B required = 36,000
(2) (i) $1,080,000
(ii) $648,000
Explanation:
(a) Production units = Sales + Closing Stock – Opening Stock
= 75,000 + 9,000 – 12,000
= 72,000 units
Material A required = Production units × Direct Material
= 72,000 × 3
= 216,000
Material B required = Production units × Direct Material
= 72,000 × 0.50
= 36,000
(b) Material A cost = Material A required × Cost per lb
= 216,000 × $5
= $1,080,000
Material B cost = Material A required × Cost per lb
= 36,000 × 18
= $648,000
Answer:
$8,250
Explanation:
Relevant data provided for compute the Uncollectible Accounts Expense is here below:-
Amount written off = $6,300
Closing balance = $5,400
Opening balance = $3,450
The computation of Uncollectible Accounts Expense is shown below:-
Uncollectible Accounts Expense = Amount written off + Closing balance - Opening balance
= $6,300 + $5,400 - $3,450
= $11,700 - $3,450
= $8,250
Therefore for computing the Uncollectible Accounts Expense we simply applied the above formula.
Answer: Power
Explanation: In simple words, power refers to the need in which one aims to gain authority and recognition in which their subordinate and colleagues values them and behaves with them in utmost respect.
Usually, such need brings conflicts in group as if any issue arises the one in the power always wins and the other will always loose no matter who was wrong and who was right.
People in this category usually employs high discipline and remain inn need for a tweeter personal recognition.
