Answer:
An employee's commission acts invariably on total sales and it is true.
Explanation:
An employee's commission is invariably based on entire sales. Commission only positions are not for the faint of heart, nor are they always the top-paying sales jobs available. but it depends on how much a person have achieved their target and how much they are to be paid. when they hit the target they are suited for the commission out of the sales the have made.
Differential pay is one of the way were you get fixed rate per unit that is produced.
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per mile = (High Operating cost - low operating cost) ÷ (High miles - low miles)
= ($845 - $625) ÷ (3,350 miles - 2,250 miles)
= $220 ÷ 1,100 miles
= $0.2 per miles
Now the fixed cost equal to
= High operating cost - (High miles × Variable cost per miles)
= $845 - (3,350 miles × $0.2 per miles)
= $845 - $670
= $175
And, the contribution margin income statement is presented below:
Sales (1,400 × $0.6) $840
Less: Variable cost (1,400 × $0.2) ($280)
Contribution margin $560
Less: Fixed cost ($175)
Net operating income $385
The correct answer would be, Primary Data.
This type of research is described by marketing professionals as the collection of Primary Data.
Explanation:
There are two types of data that is being collected and used for a research. They are as follows:
- Primary Data
- Secondary Data
Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.
So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.
Learn more about types of data at:
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Answer:
a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.
Explanation:
The nominal GDP is calculated by using current prices without adjusting the inflation factor int the prices of goods that are accounted for in the total GDP value. On the other hand the real GDP is calculated by adjusting inflation int he pricesof the goods which included in total GDP value. So the correct option is a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.
Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.
<h3>What is Lapping?</h3>
Lapping is an employee stealing scheme revolving around the application of cash receipts.
Lapping can be traced by tracing the application of cash receipts to customers' accounts.
Routine application of cash receipts to wrong customer accounts proves evidence of a lapping scheme.
Thus, Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.
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