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VikaD [51]
2 years ago
5

Labor costs charged to manufacturing overhead represent ______ labor costs.

Business
1 answer:
Zolol [24]2 years ago
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

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What happens to the equilibrium price when supplies goes down
wariber [46]
An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
3 0
4 years ago
Olde Shoppe has the following information at August​ 31: times Two deposits made on August 31 were not on the bank​ statement, t
hichkok12 [17]

Answer:

balance after reconciliation 13,684 dollars

Explanation:

Bank Statement balance:    10,740

deposit in transit:                5,300

outstanding checks           (2,356)

Adjusted balance              13,684

Cash Account:                     11,697

EFT collected                       2,820

missing check                        (443)

bank charge                             (90)

NSF                                          (300)

Adjusted balance:               13,684

We adjust the bank statemnt for the deposit in transit and outstading check as the bank is unware of these.

The cash blaance account is adjsuted for the collection and fees ofthe bank. a mistake we could made (like missing a check) and the NSF as the company assume it was collected when it wasn't, so the company has less cash.

4 0
4 years ago
When the price of gasoline rose to $4 per gallon in the summer of 2008, many people were outraged at how gas companies were "pri
rjkz [21]

Answer:

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Explanation:

6 0
3 years ago
What does a store's buyer do?
olga2289 [7]

Answer:

B) Retail buyers are mainly in charge of planning, selecting, and buying merchandise for retail establishment resale purposes, they select and purchase products sold in retail stores.

3 0
3 years ago
The demand for Carlo Rossi wine is relatively elastic since there are many other wines available to choose from. If the governme
Tomtit [17]

Answer:

A. The majority of the tax will be borne by the producer.

Explanation:

When an Indirect Tax (impact & incidence on different people) is levied : The burden of it is shifted to the party (buyers/ sellers) whose element (demand/ supply) is more inelastic (less responsive to price).

In this case: If demand for Carlo Rossi wine is relatively elastic (because of substitutes presence) - levying tax on it will hence imply major burden to be borne be producer (because demand is relatively elastic).

b,c : All tax will be borne passed to consumer / producer - if demand is perfectly inelastic/ if supply will be perfectly inelastic respectively.

d: Majority tax will be borne by consumer - if demand is relatively inelastic (than supply)

5 0
3 years ago
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