Brokers Andrews and Benson both have an open listing on a property. Broker Andrews showed the property to a prospective buyer and carried on negotiations, but the buyer decided not to buy. Two weeks later, Broker Benson contacted the same buyer and arranged a sale of the property. The seller would be obligated to pay a commission as follows:
A: Full amount to both Brokers Andrews and Benson;
B: Full amount to Benson only;
C: Fifty percent each to Brokers Andrews and Benson;
D: Full amount to Broker Andrews who will have to settle with Broker Benson.
Answer: B: Full amount to Benson only;
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Baptiste Accounting Services expects its accountants to work a total of 30,000 direct labor hours per year
The company's estimated total indirect costs are $152,000. The direct labor rate is $104 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Baptiste performs a job requiring 52 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $5,408 B) $216,320 C) $2,269 D) $7,940
List and briefly describe the useful customer service principles discussed in the text
What will be an ideal response?