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sertanlavr [38]
1 year ago
14

Operating costs incurred by a manufacturing company become either (1) part of the cost of inventory to be expensed as cost of go

ods sold at the time the finished goods are sold or (2) expenses at the time they are incurred. Indicate whether the following costs belongs in category (1) or (2).
(c) Sales salaries
Business
1 answer:
Lana71 [14]1 year ago
4 0

Sales salaries are expensed at the time they are incurred.

In 2020, the average sales representative's salary was $73,500. In 2020, the average salaries for comparable jobs were $147,580 for a sales manager, $69,100 for an insurance salesman, $62,990 for a realtor, and $30,940 for a retail salesperson yes you can be a millionaire or billionaire as a seller.

Sales salaries careers are well paid and he ranks third on this list of high-paying jobs without a degree. A salesperson's revenue is directly tied to their sales performance. This means that sales positions have excellent earning potential. Working in sales can be incredibly stressful.

Learn more about Sales salaries at

brainly.com/question/24825618

#SPJ4

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A handful of companies on the Fortune 500 list are more than 100 years old, which is rare. What organizational characteristics d
ohaa [14]

Answer:

Following are the organizational characteristics that explain the 100-year longevity of a company:

Explanation:

Selling Necessity Goods

Many of companies provide such goods and services which are essential for our everyday activities. Hence, people tend to buy from these companies as it is their routine to do so.

Laser-Sharp Customer Focus

These companies have always focused on the ever changing needs and demands of the customers and have worked accordingly.  Hence their focus on customer service is the key to their success.

Willingness to Chart New Territory

Since customer needs are always evolving, all organizations celebrating centennials have taken significant gambles in order to expand their offerings.  Steelcase, for instance, began as a furniture company but has recognized that the way people work has changed.  

Ongoing Community Relationships

Long-lasting organizations also make their mark by giving back to the communities in which they’ve thrived. The GSUSA estimates that its members complete more than 75 million hours of community service annually.  

These organizations have achieved so much because they have adapted their strategies to a changing world, and because they are always looking for ways to improve people’s lives.  It is these traits that position them well no matter what the future holds.

8 0
3 years ago
When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici
Inga [223]

Answer:

d. 0; unrelated.

Explanation:

Cross elasticity of demand is the degree of responsiveness of demand for a particular product to a change in the price of another product.

A change in price of a product will lead to a change in demand for another product if the two goods are either goods of close substitutes or if they are complements. If two goods are not related, the change in price of one will not have any impact on the demand for the other good.

In this question, the cross elasticity is zero because biro and pencil are not related.

3 0
2 years ago
The George Company has a policy of maintaining an end-of-month cash balance of at least $37,000. In months where a shortfall is
amid [387]

Answer:

  1. $140
  2. $14,140

Explanation:

1. First find the net amount amount the company borrowed in April:

= Cash balance to be maintained + Loan repayment - Budgeted end of April balance

= 37,000 + 1,000 - 24,000

= $14,000

Interest = 14,000 * 12%/ 12 months

= $140

2. Financing effect:

= Amount borrowed + Interest

= 14,000 + 140

= $14,140

6 0
3 years ago
Last year, Michelson Manufacturing reported $10,250 of sales, $3,500 of operating costs other than depreciation, and $1,250 of d
svet-max [94.6K]

Answer:

c. -$435.00

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

6 0
2 years ago
As part of an advertising campaign, a plane flew over the beach in Ocean City trailing a banner that read: "Boardwalk Bistro wil
bogdanovich [222]
Bistro's first banner was a form of a unilateral contract. This means that the banner was a legally enforceable promise between two parties where one party will perform the requirement and the other (Bistro) would pay.

For the given situation, Daisy substantially performed the required task and therefore, Bistro is not allowed to revoke the offer.

Based on the above, the statement that <span>best describes Daisy's and Bistro's rights in this situation is:
</span><span>Bistro cannot revoke the offer because Daisy has substantially performed the requested action.</span>
3 0
3 years ago
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