Identify the first step in the workload approach to establish sales force size
A) grouping customers into size classes according to annual sales volume
B) establishing desirable call frequencies for each customer class
C) determining the total workload for the country in terms of sales calls per year
D) determining the average number of calls a sales representative can make per year
E) calculating the total number of sales reps needed
A
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According to generally accepted accounting principles, most expenditures for intangible assets acquired from others should be treated as revenue expenditures when incurred
Indicate whether the statement is true or false
Most shopping centers are ________
A) strip malls B) regional shopping malls C) community shopping centers D) lifestyle centers E) power centers
The management of Plitt Corporation would like to investigate the possibility of basing its predetermined overhead rate on activity at capacity. The company's controller has provided an example to illustrate how this new system would work. In this example, the allocation base is machine-hours and the estimated amount of the allocation base for the upcoming year is 52,000 machine-hours. Capacity is 65,000 machine-hours and the actual level of activity for the year is assumed to be 58,000 machine-hours. All of the manufacturing overhead is fixed and both the estimated amount at the beginning of the year and the actual amount at the end of the year are assumed to be $592,800 per year. It is assumed that a number of jobs were worked on during the year, one of which was Job Q20L which required
360 machine-hours.If the company bases its predetermined overhead rate on the estimated amount of the allocation base for the upcoming year, then the predetermined overhead rate is closest to: A. $10.22 per machine-hour B. $11.40 per machine-hour C. $8.18 per machine-hour D. $9.12 per machine-hour
If net cash inflows are unequal, how is the payback period (in years) of an investment is calculated?
What will be an ideal response