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Tasya [4]
3 years ago
11

When Pat was talking with his customer about the new accounting system, his customer mentioned that she thought the new system w

as 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. Which part of the sales presentation is demonstrated in this example
Business
1 answer:
amid [387]3 years ago
8 0

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.

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A trucking firm has a current capacity of 200,000 cubic feet. A large manufacturer is willing to purchase the entire capacity at
QveST [7]

Answer:

The Manager should save 45,223 cubic feet of capacity for the spot market.

Explanation:

Solution

Let us consider the following information:

The bulk contract  cost, cb is 0.10 per cubic foot per day

$0.13 per cubic foot per day

The mean demand μ = 60,000

Standard deviation σ = 20,000

The current capacity is 200,000 cubic feet

Now,

let us determine the optimal value by applying the formula shown below.

p = cs- cb/ cs  ------(1)

Let also calculate the trucking capacity that should be saved for the spot market

Q =NORMINV (p, μ,σ )------(2)

Thus, we substitute the values in the equation (1) given below:

cs = 0.13, cb =0.10

p =0.13-0.10/0.13

=0.03/0.13

=0.23

Now, substitute the obtained value of p in equation (2) with μ = 60,000 and σ  = 20,000

Q = NORMINV (0.23, 60,000, 20,000)

   = NORMINV (0.23, 60,000, 20,000

= 45223.06

= 45,223

Therefore the Manager should save 45,223 cubic feet of capacity for the spot market.

7 0
3 years ago
There are two main ways to measure social inequality, they are: Inequality of conditions refers to the unequal distribution of i
butalik [34]

Answer:

True.

Explanation:

Social inequality can be defined as an existence of unequal rewards and opportunities for different social status or classes within a group of people in a society.

Generally, social inequality is peculiar to a society that is grouped based on race, hierarchy of class, religion, culture and gender. A social inequality is characterized by unequal distribution of wealth, punishment, rewards, opportunities and goods or services to the various classes.

There are two main ways to measure social inequality, they are:

1. Inequality of conditions: refers to the unequal distribution of income, wealth, and material goods.

2. Inequality of opportunities: refers to the unequal distribution of life chances across individuals.

4 0
4 years ago
Love It Industries manufactures​ custom-designed playground equipment for schools and city parks. Love It expected to incur $ 78
faltersainse [42]

Answer:

Total manufacturing cost of job 302 :            $

Direct material cost                                        15,100

Direct labour cost(190hrs x $38)                  7,220

Manufacturing overhead(190hrs x $19)      3,610

Total manufacturing cost                             25,930

Overhead absorption rate = Budgeted overhead/Budgeted activity level

                                             = $784,700/41,300 hrs

                                             = $19

Explanation:

In this scenario, we need to add the direct material cost, direct labour cost and manufacturing overhead in order to obtain the total manufacturing cost. Overhead absorption rate is calculated from the company's budget provided in the question. Overhead is absorbed on direct labour hours. The direct labour hourly rate of $38 was provided in the question

8 0
3 years ago
While waiting in line to buy two tacos at 75 cents each and a medium drink for 80 cents, Jordan notices that the restaurant has
frozen [14]

Answer:

55 cents

Explanation:

75 cents each for a taco

$1,50 for two tacos (75×2)

80 cents for a medium drink

Total cost =1.50+0.80=$2.30

Additional taco =2.30+0.75=$3.05

Value meal =$2. 50

The marginal cost for Jordon to purchase an additional taco instead of the value meal =

3.05-2.50=55 cents

6 0
4 years ago
Sheridan Company had the following department data on physical units: Work in process, beginning 3080 Completed and transferred
Karo-lina-s [1.5K]

Answer:

Equivalent units for the month = 18,720

Explanation:

Provided that

Opening units of work in process = 3,080 units

Which are 100% complete to materials as the materials are added fully initially.

Completed and transferred during the period = 19,400

Since not provided assumed these are added during the period, and includes opening work in process.

Closing Work in process = 2,400 units.

For the period equivalent units = During the month + Closing - Opening

= 19,400 + 2,400 - 3,080 = 18,720 units

6 0
3 years ago
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