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Customer Requests Information for Returning a Product
The customer service department of Software Solutions received a letter from Samuel Muhler stating that he placed an order for the AccTabs accounting software and instead received a software package entitled ThirdWave. He would like to receive a UPS account number to use when returning the product so that he will not have to pay the shipping, as well as instructions for packaging and labeling the returned product.Required: Write an e-mail message as the customer service manager of Software Solutions responding to Mr. Muhler's requests. Include an appropriate subject line and message body in your solution.
Production Costs
Expenses directly related to the creation and manufacturing of a product, including raw materials, labor, and overhead.
Explicit Costs
These are direct, out-of-pocket payments for expenses incurred by a business, such as wages, rent, and materials.
Opportunity Costs
The cost of foregoing the next best alternative when a decision is made to pursue a particular action.
Total Revenues
The total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.
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