A ______ is a customer order that a company accepts in one period but promises to deliver at a later point in time.
A. delivery order
B. return order
C. back order
D. buyback order
C. back order
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In a mid-size sales organization, typically the vice president of marketing or sales heads the sales organization
Indicate whether the statement is true or false
More goods and services are sold in the ________ market than in the ________ market
A) domestic; international B) business-to-business; consumer C) consumer; producer D) industrial; business-to-business E) e-commerce; Internet
A(n) ________ is made on the spur of the moment without any planning or search effort
A) high-involvement purchase B) commodity purchase C) impulse purchase D) unsought purchase E) fast-moving purchase
The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,500,000 and the actual machine hours are 220,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, what is that overhead rate?
A) $71 per machine hour B) $78 per machine hour C) $68 per machine hour D) $75 per machine hour