Answer:
Spiff
Explanation:
Spiff: It is an financial incentive paid by manufacturer or employer to the salesperson for directly selling it´s product., sometime it is paid on achieving sales target by salesperson. It encourage seller to make more sales. Spiff stand for Sales performance Incentive Fund and it is paid quicker than commission.
In the given case, Automaker is paying spiff to dealers to encourage sales of it´s own brand over a competitor's product sold at the same store.
Answer:
a. True
Explanation:
This system of performance review is a 360-degree review or feedback process where a given employee receives inputs on her performance (or other criteria such as behaviors, competencies and results achieved) from different employees with varying working relationships and at different levels. The idea is to ensure that the employee's performance is not partial or biased. Using this system, the employee who may be a manager will have her performance reviewed by employees below, above, and on the same level with her.
Answer:
$40,000
Explanation:
For computing the total variable cost, first we have to determine the variable cost per unit which is shown below:
= (Direct materials cost + Indirect materials - variable + Direct labor cost) ÷ (number of units produced and sold)
= ($18,000 + $2,000 + $10,000) ÷ (3,000 units)
= ($30,000) ÷ (3,000 units)
= $10 per unit
Now the total variable cost would be
= $4,000 units × $10 per unit
= $40,000
People can claim his work or inventions as their own.
Answer and Explanation:
The preparation of the differential analysis is presented below:
<u>Particulars Lease Machinery Sell Machinery Differential Effect on Income
</u>
Revenues $284,900 $275,700 $9,200
Costs $24,600 $13,785 $10,815
Income (Loss) $260,300 $261,915 -$1,615
It is better to sell the machinery as it has a loss of $1,615