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Answer:
Option A is correct.
Hence, sell before assembly, the company will be better off by $1 per unit.
Explanation:
Un-assembled product:
Cost= 24
Selling price= 52
Profit= 52-24= 28
Assembled product:
Cost= 24+17= 41
Selling price= 68
Profit= 68-41= 27
Answer: The answer is A. Proven Dependability.
Explanation: An expatriate salesperson is someone who has citizenship in more than one country, and conducts business internationally. An expatriate spends time in foreign countries in order to complete work though they live in another country.
The expatriate salesperson will usually return back to their home country.
In other words, an expatriate salesperson is basically a foreign sales personnel that can at any time relocate. This type of salesperson is utilized when the need for technical approach arises.
Among the advantages of hiring an expatriate are greater technical training, better knowledge of the company and its product line, and the proven dependability of an expatriate salesperson.
Because the expatriate is not a local person, he/she will add to the prestige of the product line in the eyes of foreign customers.
Also, an expatriate is usually able to effectively communicate with and influence headquarters' personnel.
Answer:
When prepaid insurance (or any other prepaid expense) is adjusted at year end in order to record accrued expenses, financial statements are affected in the following way:
- income statement: costs increase, decreasing profits
- balance sheet: assets and equity decrease
- cash flow statement: cash from operating activities increases
- owners' equity: decreases
Answer:
C. $13,100U.
Explanation:
The cost variance is given by the difference between the actual cost of commissions and the projected cost of commissions of 30,000 units at $8 each:
Since the actual cost is higher than the anticipated cost, the balance is unfavorable.
Gridiron would report a cost variance of: C. $13,100U.