Buisness it’s inventory holding cost per unit
Answer:
work with dealers to design an online sales portal that benefits both partners.
Explanation:
e-commerce is a short for electronic commerce and it can be defined as a marketing strategy that deals with meeting the needs of consumers, by selling products or services to the consumers over the internet.
This ultimately implies that, e-commerce is strictly based on the buying and selling of goods or services electronically, over the internet or through a digital platform. Also, the payment for such goods or services are typically done over the internet such as online payment services.
Simply stated, e-commerce is the act of engaging in internet selling.
In order to avoid channel conflict resulting from Internet selling, a company should work with dealers to design an online sales portal that benefits both partners i.e the online portal would focus on bridging the gap between the producer (company) and the consumers, as well as balancing the demand and supply of goods and services.
According to lewinian/od views of organizational change, organization development (od) is linear in that it: <u>has movement from past to present to future.</u>
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An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.
defines the purpose of an organization as “a meaningful statement of its existence that aligns with its long-term financial performance, provides a clear context for day-to-day decision-making and unites and motivates relevant stakeholders. Permanent reasons.”
There are four main types of business organizations. A sole proprietorship, partnership, corporation, limited liability company, or LLC. Below we discuss these and their use in the field of commercial law.
Learn more about organizations here: brainly.com/question/24448358
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Answer:
Dr Factory Overhead Payable $5,000
Cr Cost of Goods Sold $5,000
Explanation:
What we have done?
Cr Factory Overhead $5000
What we must do?
Dr Factory Overhead $5000
The entry in the expense account is credited, as said in the question. So what we must do is debit it back and waive off its affect from the cost of sales.
So at the end of the period the company is legally required to close the expenses and revenue accounts in-accordance to International Financial Reporting Standards.
What must be the entry?
So the journal entry would be :
Dr Factory Overhead $5,000
Cr Cost of Goods Sold $5,000
