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3 years ago

Which of the following is not an advantage of personal selling?

Business

1 answer:

Mekhanik [1.2K]3 years ago

5 0

Answer:

C.)relatively low cost

Explanation:

Personal selling involves the use of a sales team to engage customers and convince them to buy. It is a one-on-one interaction between the seller and potential buyer.

Personal selling is a costly affair. Each salesperson can only engage one client at a time. To engage a large number of customers, a big team of salespeople is required. The hiring of good salespeople, training them, salaries, bonuses, and commissions can be expensive.

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Tempe Office Services and Supplies (TOSS) provides various products and services in the Tempe Research Park, home to numerous hi

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3 years ago

Read 2 more answers

Sellers allow customers to use credit cards for all of the following reasons: (You may select more than one answer. Single click

Tasya [4]

Answer:

c. seller receives cash sooner than if credit is granted directly to the customers

d. may allow seller to increase sales volume

Explanation:

When a customer uses a credit card, the bank that issued the card pays the seller immediately, and later, the bank recovers the money plus interest from the customer.

So this method allows for a faster collection of cash (basically immediatly) than if the seller granted the credit directly to the customer.

Credit cards also allow seller to increase sales volume because many people lack the cash necessary to pay down the full value of the purchase.

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3 years ago

. At year-end, Barr Co. had shipped $12,500 of merchandise FOB destination to Lee Co. Which company should include the $12,500 o

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Answer:

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3 years ago

On December 31, the balance in the office supplies account is $1,300. A physical count shows $510 worth of supplies on hand. Req

madam [21]

Answer:

Date Account title Debit Credit

December 1 Office Supplies Expense $790

Office Supplies $790

Explanation:

Office supplies is an asset but when it is used it should be debited to the office supplies expense account because it becomes an expense that should be catered for in the Income statement.

The office expense that is used for the year is:

= Book balance - Physical inventory

= 1,300 - 510

= $790

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3 years ago

Paney Company makes and sells calendars. The information on the cost per unit is as follows: Direct materials $1.50 Direct labor

Vsevolod [243]

Answer:

Break-even point (dollars)= $80,000

Explanation:

Giving the following information:

Variable costs:

Direct materials $1.50

Direct labor 1.20

Variable overhead 0.90

Variable marketing expense 0.40

Total variable costs= 4

Fixed costs:

The fixed marketing expense totaled $13,000

The fixed administrative expense totaled $35,000.

Total fixed costs= $48,000

The price per calendar is $10.

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 48,000/ [(10 - 4)/10]

Break-even point (dollars)= 48,000/0.6

Break-even point (dollars)= $80,000

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3 years ago