Answer:
1,875 units.
Explanation:
Break-even is the point where a company neither generate profit not make loss, or we can say that it the sales at which the operating profit will be zero. It can be calculated for sales volume as-well-as dollar sales. Let's prepare a contribution income statement to calculate the break-even sales in quantity. We know that:
EBIT / Operating Profit = (SP * Q) - (VC * Q) - Fixed Cost
where
SP = Selling Price
Q = Quantity / Units
VC = Variable cost
As it is understood that the operating profit at break-even is zero, simply put it in the above contribution income statements along with other figures given in the question.
⇒ 0 = (20 * Q) - (12 * Q) - 15,000
OR 15,000 / (20 - 12) = Q
⇒ Break-even units = Q = 1,875 units.
Answer:
Yes, a sales representative can translate his skills into being a buyer
Explanation:
A sales representative is one who completes a sale of a product in a direct or face to face interaction with the buyer.
Skills of a good sales representative includes:
1. Product knowledge
2. Strategic prospecting skills
3. Active listening
4. Communication
5. Good time management
A sales representative can convert all these skills listed above into becoming a better judge of a product as a buyer and in relation with other sales representatives.
One of the challenging thing about the shift would be the ability to trust another sales representative's words about a product or service.
The skill that would translate seamlessly would be product knowledge because if a sales rep already have a good knowledge of a product before it would greatly enhance his choices when choosing one for himself.
Answer:
<em>c) contractual vertical marketing system.</em>
Explanation:
A contractual vertical marketing system <em>requires a legal agreement to manage the overall process between the various levels of the distribution or production chain.</em>
This system allows businesses to take advantage of economies of scale and advertising bounds.
Franchise system, sponsored retail and sponsored wholesale are aspects of a vertical marketing contractual framework.
Answer:
Explanation:
Crane Co
June 1. Credit: Sales $52,200
Debit: Acc receivable $52,200
Being sales on account
June 12 Debit: Bank. $ 50,634
Debit: Discount Allowed $1,566
Credit: Acc receivable. $52,200
Being payment received on sales
