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guapka [62]
2 years ago
10

When manufacturing companies sell their finished products, the costs of those finished products are removed from inventory and e

xpensed as:_____.
Business
1 answer:
drek231 [11]2 years ago
6 0

The costs of the finished goods are removed from inventory when manufacturing businesses sell them, and they are subsequently expensed as the Cost of goods sold.

The total amount that your company spent on expenses directly associated with the selling of goods is known as the cost of goods sold. Depending on the nature of your enterprise, these can be items bought for resale, raw materials, packaging, and direct labor involved in creating or distributing the commodity.

Depending on changes in inventory, the cost of goods manufactured or purchased products changed. For instance, the cost of 450 units would be the cost of products sold if 500 units were produced or purchased, but inventory increased by 50 units. The cost of 550 units is the cost of goods sold if inventory falls by 50 units.

To learn more about the Cost of goods

brainly.com/question/24158760

#SPJ4

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Certain contracts, such as those involving the sale of personal property for $500 or more:_______.
djverab [1.8K]

Answer:

B. Must be written to be enforceable

Explanation:

In the United state, sale of personal property for $500 or more must be written to be enforceable. These kind of contracts are said to be within the statute of fraud.

These types of contracts are called Sales contracts which is an agreement between the buyer and seller. For the amount of money involved, a written contract provides security and peace to the mind of all those involved in the contract, hence why deals above $500 must be written to be enforceable.

8 0
3 years ago
List the three types of résumé formats.
Radda [10]

Answer:

Chronological: Classic format that lists your work experience in order, starting with the most recent.

Functional: Emphasizes qualifications and accomplishments instead of specific jobs, but isn’t recommended.

Hybrid: Modern format where skills and highlights go at the top before a detailed work history.

Explanation: brainliest pls

8 0
3 years ago
Read 2 more answers
(a) Graphically show & explain how carpooling may eliminate the shortage.
balu736 [363]

Answer:Graphically show & explain how carpooling may eliminate the shortage.

Explanation:

4 0
3 years ago
Dagnon Corporation uses direct labor-hours in its predetermined overhead rate, At the beginning of the year, the total estimated
xenn [34]

Answer:

a) $17.70

Explanation:

The computation of the predetermined overhead rate is shown below:

But before that we need to do the following calculations

Applied manufacturing overheads is

= $13,850 + $294,130

= $307,980

And,

Applied manufacturing overheads is

= predetermined overhead rate × Actual direct labor hours

Hence predetermined overhead rate is

= $307,980 ÷ 174,00 hours  

= $17.70

Therefore, the correct option is d. $17.70

3 0
3 years ago
Senior management at jmj manufacturing accept that there are differences and similarities between host country and home country
Bumek [7]

This reflects​ geocentric attitude.

The World Trade Organization (WTO) is the only global international organization addressing manufacturing the principles of trade between nations. The North American trade Agreement (NAFTA) was implemented to market trade between the U.S., Canada, and Mexico.

A company's employees, managers and board of directors compose a business's internal stakeholders. Employees of the manufacturing corporation are invested within the company's performance to make sure they still be paid and retain their jobs.

The Agreement Establishing the WTO recognizes the necessity for positive efforts to make sure that developing countries, and particularly those who are least-developed, share within the growth of international trade.

They make it easier for nations to try and do business. They increase product choices for consumers. They prevent two nations from exchanging manufacturing  goods. Better risk management. One among the many advantages of international trade is market diversification.

learn more about manufacturing: brainly.com/question/19584679

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7 0
1 year ago
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