All categories

2 years ago

Labor costs charged to manufacturing overhead represent ______ labor costs.

1 answer:

8 0

The indirect labour cost is shown when labour expenditures are applied to the manufacturing overhead account.

<h3>What are the types of overheads?</h3>

Overhead expenses include things like accounting fees, advertising, insurance, interest, legal charges, labor costs, rent, maintenance, supplies, taxes, phone bills, travel expenses, and utilities.

Business overheads may be divided into two categories:

administrative and
manufacturing.

Thus in the above statement, when labour costs are added to the manufacturing cost it gives rise to indirect cost

Learn more about Cost overheads:

brainly.com/question/13384595

#SPJ1

You might be interested in

When reporting on conditions relating to an entity's internal control observed during an audit of the financial statements, the

Alinara [238K]

Answer:

a Description of tests performed to search for material weaknesses.

Explanation:

When reporting on conditions relating to an entity's internal control observed during an audit of the financial statements, the auditor should include a Description of tests performed to search for material weaknesses.

Tests of controls may be performed to test the effectiveness of certain controls that auditors consider relevant to preventing and detecting errors and fraud that are material to the financial statements, <u>thereafter a management report must be issued to the audit committee for any deficiencies in controls to be addressed.</u> The management letter describes the tests performed and the results in each category

3 0

3 years ago

Which economic goal is a major one of command economies?

pickupchik [31]

Answer:

the answer is equity.

Explanation:

the social equity in resource allocation and distribution is the main concern of an command economy. The entire "command" function is there for this purpose. Opposing to the market system, in which the efficiency of the market is of primary concern, the command system argues that while following to achieve the maximum market effeciency, these economies miss out on the fainress and unbiasedness in economic benefit destribution and therefore creates many social problems such as poverty, rich and poor gap, etc as a result.

The command economy tries to overcome this problem of Equity in market economies.

4 0

3 years ago

Jack performs his work and his assignments well. Jack is demonstrating that he is _____.

Alenkinab [10]

A and c because jack knows how to do his work

3 0

3 years ago

Read 2 more answers

Christoph Hoffeman of Kapinsky Capital believes the Swiss franc will appreciate versus the U.S. dollar in the coming 3-month pe

Rama09 [41]

Answer:

Check the explanation

Explanation:

a. Calculate Christoph’s expected profit assuming a pure spot market speculation strategy.

Details Amount

Number of Swiss francs can buy and

invest with $100,000 ($100,000/$0.5820) 171821.31

After 3 months SF's are sold to acquire

dollars back SF 171821.31* $0.6250) $107,388

Less: Invested dollars $ 100,000.00

expected profit assuming he buys or sells

SF three months forward $7,388

b. Calculate C’s expected profit assuming he buys or sells SF three months forward:

Details Amount

Number of Swiss francs can buy and

invest with $100,000 ($100,000/$0.5640 $ 177304.96

After 3 months SF's are sold to acquire

dollars back SF 177,304.96* $0.6250) $ 110,815.60

Less: Invested dollars $ 100,000.00

expected profit assuming he

buys or sells SF three months forward $10,816

8 0

3 years ago

Economists have remained skeptical of the argument that the short-run Phillips curve is vertical for all of the following reaso

Harlamova29_29 [7]

Answer: A- Workers and Firms May not have rational expectations.

5 0

4 years ago