Answer:
producing 50 shoes using resources that cost $25
Answer:
overcoming reservations
Explanation:
From the question we are informed about Pat who was talking with his customer about the new accounting system, his customer mentioned that she thought the new system was not going to fit into their budget. Pat explained that once her people were trained on it, it would require less time to process orders, and therefore save her money in payroll. The part of the sales presentation demonstrated in this case is an example of overcoming reservations.
Sales presentation can be regarded as sales pitch and it's a selling technique which can be explained as line of talk which is an attempts of persuading someone or something, using a planned sales presentation strategy of particular product/service which is been designed to initiate as well as close a sale of that particular product or service, example of this is overcoming reservations which is a method of persuading customers.
Answer:
b. shipping contract.
Explanation:
Shipping contract in which the vendor is obliged to dispatch the goods through the carrier. Once delivered to the carrier, the buyer bears responsibility for any injuries or damages to the goods. It is a detailed body of regulations, laws and policies, international treaties, and judicial rulings designed to deal with the responsibility and operating rights of carriers traveling on the high seas. All contracts are oftentimes implied to be contracts for shipment if there is nothing to the contrary specified in the contract.
Answer:
d. 829
Explanation:
The computation of the ending inventory using the LIFO method is shown below:
Since there are 300 units in hand which reflects the ending inventory units so
= 150 units ×$2.60 + 150 units $2.925
= $390 + $438.75
= $828.75
i.e d. 829
So 150 units is taken from June and the remaining units i.e 150 units are taken from June 10
Answer: a. reinstates the customer's account to the balance of both gross receivables and the allowance.
Explanation:
When a company receives payment from a customer whose debt had been written off, the first step is to reinstate the account. This will be done by debiting the Accounts Receivable account and crediting the Allowance for doubtful debt accounts.
The accounts receivable account will then be credited to show that it is reducing. The cash account will be debited to show that cash was received from the customer.
