"To increase the total number of sales calls every month by 10," is an example of a(n):
A. territory allocation.
B. account objective.
C. sales quota.
D. sales positioning.
E. account analysis.
Answer: B
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Factory overhead is applied to production using a predetermined overhead rate
Indicate whether the statement is true or false
Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $12 per hour. During August, Hassock produced 10,000 units and used 21,040 hours of direct labor at a total cost of $250,376. What is Hassock's labor efficiency variance for August?
A. $14,584 unfavorable. B. $12,480 unfavorable. C. $10,376 unfavorable. D. $12,480 favorable. E. $4,160 favorable.
Suppose Walker Publishing Company is considering bringing out a new finance text whose projected revenues include some revenues that will be taken away from another of Walker's books. The lost sales on the older book are a sunk cost and as such should not be considered in the analysis for the new book.
Answer the following statement true (T) or false (F)
The ________ of a limited partnership do not have personal liability for the debts and obligations of the limited partnership.
A. partners B. limited partners C. general partners D. managing partners