A(n) ________ is a salesperson's write-up of her completed sales activity
A) expense report
B) behavioral objective
C) performance objective
D) sales quota
E) call report
E
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Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 600 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$5,200 60% Conversion costs$8,500 55% A total of 7,800 units were started and 7,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:Materials costs$95,000 Conversion costs$169,200 The ending inventory was 85% complete with respect to materials and 70% complete with respect to conversion costs.How many units are in ending work in process inventory in the first processing
department at the end of the month? A. 7,200 B. 1,300 C. 900 D. 700
Matson agrees to purchase 500 wooden chairs from Woodcarvers, Inc After Woodcarvers sets the chairs aside in its warehouse, but before the risk of loss passes to Matson, the chairs are destroyed in a fire, which was not the fault of Woodcarvers. The contract between Matson and Woodcarvers is void
a. True b. False Indicate whether the statement is true or false
A shortened form of the ledger is called a ________
A) trial balance B) balance sheet C) chart of accounts D) T-account
If a company wants to be a price-taker, which of the following strategies should be taken?
A) Enter a competitive market and focus on cost cutting. B) Produce a unique product. C) Exploit the value of a fashionable brand name. D) Differentiate the product clearly from the competitors.