Answer:
Total effect on income= $275,000
Explanation:
Giving the following information:
It costs $60 of variable and $40 of fixed costs to produce a rocking chair which normally sells for $150. A wholesaler offers to purchase 5,000 rocking chairs at $125 each. Georgia would incur special shipping costs of $10 per rocking chair if the order were accepted. Georgia has sufficient unused capacity to produce the 5,000 rocking chairs.
Because it is a special offer and there is unused capacity, we will not have into account the fixed costs.
Unitary variable costs= 60 + 10= 70
Contribution margin= 125 - 70= 55
Total effect on income= 5,000*55= $275,000
Answer: Summary judgment for GMC denied.
Explanation:
- GMC owes a duty to everyone on the highway since the possibility of an accident is apparent.
- There was factual causation: had it not been for the faulty alternator the truck would never have stalled. - This chain of events is entirely foreseeable. GMC need not foresee precisely what happened; only that something like this could happen.
Answer:
A Confirming sales prospects
Explanation:
In confirming sales prospects, you are giving the customer a little push to buys the product. You have realized that the customer is convinced but has not made an order. Confirming sales is provoking the customer to make the call.
Several techniques are used by sales representatives to close sales. For example, you can ask the customer, between these two products, which one will you take? Or you can ask, how many pieces do I pack for you today?
Confirming sales encourages the customer to make a decision and pay for the product. The purpose of the selling process is to convert a prospective customer into a buying customer. Confirming the sale comes almost at the end of the selling process.
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