Byron has ended a sales message with the sentence Book your vacation by May 15 to receive a seventh night free. What technique is he using to motivate action?
A) Guaranteeing satisfaction
B) Limiting the offer
C) Setting a deadline
D) Promising an incentive
C
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Discuss the philosophy of win-win not yet negotiating in a negotiation session.
What will be an ideal response?
The amount recognized on the Income Statement as the cost of inventory will be recognized as a(n) _________________________
Fill in the blank(s) with correct word
Hykes Corporation's manufacturing overhead includes $6.00 per machine-hour for supplies; $6.00 per machine-hour for indirect labor; $71,800 per period for salaries; and $75,310 per period for depreciation.Required:Determine the predetermined overhead rate if the denominator level of activity is 4700 machine-hours. (Round your answer to 2 decimal places.)Predetermined overhead rate?
What will be an ideal response?
On June 12, Candy Suppliers sells $5,000 of goods on account to a credit customer with credit terms 1/10, n/30. Assume the sale is not subject to tax. On June 15, the customer returned $500 of the goods due to defect. Assume the customer pays within the discount period, select the correct entry to record the receipt of the customer's payment:
A.
| Cash | 4,950 | |||
| Sales Discounts | 50 | |||
| Accounts Receivable | 5,000 | |||
B.
| Accounts Receivable | 4,500 | |||
| Sales Discounts | 50 | |||
| Cash | 4,550 | |||
C.
| Cash | 5,000 | |||
| Accounts Receivable | 5,000 | |||
D.
| Cash | 4,455 | |||
| Sales Discounts | 45 | |||
| Accounts Receivable | 4,500 | |||