Answer:
The answer to this question is given below in this explanation section.
Explanation:
"is advertising a overhead or operating expense"
operating expenses and selling general and administrative expenses are both types of costs involved in running a company a significant in determining its financial well being.While generally synonymous,they each can be listed separately on the corporate income statement.
Operating expense are the costs involved in running the day to day operations of a company they typically make up the majority of a company expenses. OPEX are not include in costs of goods involved in the production of a company goods and services.cogs include direct labors direct materials or raw materials and overhead cost of production facility.cost of goods sold is typically listed as a separate line item on the income statement.
operating expenses are the remaining costs that are not includes in cogs.Operating expenses can include:
- Rent
- utilities
- salaries/wages
- property taxes
- Business travel
Answer:
$30,000 under applied
Explanation:
For computing the over applied or under applied, first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)
= $1,200,000 ÷ 300,000 hours
= $4
Now we have to find the applied overhead which equal to
= Actual machine hours × predetermined overhead rate
= 280,000 × $4
= $1,120,000
So, the ending overhead equals to
= Actual manufacturing overhead - applied overhead
= $1,150,000 - $1,120,000
= $30,000 under applied
Answer:
b. Geographical proximity leads to persuasion.
Explanation:
Since in the question it is given that the a book store encourage the customers by providing free muffins and coffee, take the time for their browsing and motivates them to sit down and read a book
So this tactic shows the comfortably of the person that he or she could enjoy themselves, and have a great time and feeling safe . Many companies providing this type of service which results in gaining the trust of the customers
Answer:
The minimum monthly payment is $220
Explanation:
The minimum monthly payment is computed as 4% of outstanding balance,hence the minimum payments is computed thus:
4%*$5500=$220
Credit cards are issued financial institutions to their customers to enable make expenditure in advance.The funds being spent is not in the customer's account unlike debit cards where customer's account must have been pre-funded .
On settling the amount owed to the bank,the customer pays interest on the amount borrowed such as the 4% charged in this scenario.
The interest rates charged are most times at single rate.
Answer:
$3,620
Explanation:
Accounts receivable at the beginning + recorded credit sales -accounts receivable written off -ending balance accounts receivable.
Therefore:
$690+$3,200-$100-$170 =$3,620
