The Following Information Relates to the Total Production Costs and Estimates

question 50

Multiple Choice

The following information relates to the total production costs and estimates of realisable value for a line of water pistols produced by Splash Happy Co LtD. Packaging and transport costs are necessarily incurred in order to be able to sell the inventory.What is the value of the inventory in accordance with AASB 102?

• A) $37,000
• B) $21,000
• C) $39,000
• D) $36,000
• E) None of the given answers.

Comprehend different sales compensation plans and criteria for selecting them.

Recognize the role of sales quotas and their objectives in evaluating sales performance.

Appreciate the behavioral attributes that contribute to salesperson effectiveness.

Understand how customer satisfaction metrics are integrated into sales performance evaluations.

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Definitions:

Off-The-Job Training Techniques

Training methods employed outside the usual work environment to develop skills and knowledge.

Developmental Strategies

Planned efforts to improve individuals, groups, or organizational effectiveness, growth, and performance through learning and development opportunities.

Promotion Decisions

The process of evaluating and advancing employees within a company based on their performance, skill set, and readiness for more responsibility.

Repetitive Work

Tasks that involve the same sequences of actions being performed repeatedly over an extended period.