Answer: None of the above.
Explanation:
The correct answer will be "None of the above." The person who handles cash cannot issue credits to customers on sales returns. This could be because their job function does not include this process.
The person also may not account for cash receipts to customers. They can also not account for cash purposes. This could also be because these processes are not included in the persons job function or duties.
Each job function has a clear set of duties that one can perform. Each business has different jobs for people and this particular one does not allow for the person handling cash to do anything else.
A sophisticated sales test might involve manipulating an advertising variable like schedule or copy through cable systems, and observing the affects on purchasing at local supermarkets.
What is advertising variable?
- Although advertising expenditures can change greatly, they are not regarded as variable costs.
- Instead, marketing costs are fixed, meaning they don't change based on how many goods or services you offer to customers.
Why is marketing considered a variable cost?
- Businesses may set aside a specific amount for advertising within their fixed marketing budget, despite having a fixed budget for marketing.
- Advertising is therefore a current expense rather than a fixed one. Therefore, whether it be print or online, businesses must spend money on advertising.
Learn more about advertising a variable cost
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The total labor cost of variance is the difference of the two presented costs. The actual cost of production is presented below,
actual cost of production = $198,000
The other cost can be calculated through the equation,
cost of production = (3 hours/labor u)(($8/unit)(8,000) = $192,000
Thus, the total labor cost variance is approximately $6,000.
Answer:
44.44%
Explanation:
Profit is obtained by subtracting cost from revenue.
I,e.,
Profit = revenue - cost.
In this case,
Profit = $135,000 - $75,000
Profit = $60,000
As a percentage of revenue
= $60,000/ $135,000 x 100
= 0.44444 x 100
= 44.44 %
