ESSENTIALS OF BUSINESS...(LL)-TEXT
10th Edition
ISBN: 2810018710536
Author: Guffey
Publisher: CENGAGE L
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Chapter 12, Problem 15CT
Summary Introduction
To determine:
Based on senator's description, what qualities is senator describing and why are they important for a business.
Introduction:
Being a salesperson is not an easy task, it involves a lot of understanding about the product and the customer. The sales staff needs a thorough understanding on perception of the product in minds of consumers and a good set of persuading skills. For a business to achieve sales targets and profits it is essential to employ a good handful of sales staffs, because however much good the product certain products need a push from the sales staff to sell the product by persuading customers. This happens specially at jewelry stores.
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ESSENTIALS OF BUSINESS...(LL)-TEXT
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- Provide answer general accountingarrow_forwardSarasota Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Quantit Cost per Item Estimated Selling No. y Unit Price Cost to Complete and Sell 1320 1,700 $3.62 $ 5.09 $1.81 1333 1,400 3.05 3.84 1.13 1426 1,300 5.09 5.65 1.58 1437 1,500 4.07 3.62 1.53 1510 1,200 2.54 3.67 1.58 1522 1,000 3.39 4.41 0.90 1573 3,500 2.03 2.83 1.36 1626 1,500 5.31 6.78 1.70 From the information above, determine the amount of Sarasota Company inventory (in dollars).arrow_forwardDifferential Chemical produced 18,000 gallons of Preon and 39,000 gallons of Paron. Joint costs incurred in producing the two products totaled $8,500. At the split-off point, Preon has a market value of $11 per gallon and Paron $3.5 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used. Please answerarrow_forward
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