A Small Office Supply Company May Have a Person Whose

question 79

Multiple Choice

A small office supply company may have a person whose primary responsibility is to process routine orders, reorders, or rebuys of products for clients. This employee is known as a(n)

• A)order taker.
• B)order getter.
• C)sales support rep.
• D)sales team.
• E)sales manager.

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Definitions:

Standard Labour Rate

A pre-established rate used to calculate the labor cost element of a product or service, based on expected wage rates.

Unfavourable Variance

A financial condition where actual costs are higher than planned or budgeted costs.

Overtime Labour

Overtime labor refers to the extra hours worked by employees beyond their regular working hours, often compensated at a higher pay rate.

Direct Material Quantity Variance

The difference between the budgeted amount of materials needed for production and the actual amount used, expressed in cost or quantity.