beneath the variable costing technique, all promoting and administrative (constant and variable) fees and glued production overhead is taken into consideration as part of the total period fee. hence, the whole length cost for the month beneath variable costing is $344,000.
underneath variable costing, fixed production overhead is handled as a period price and is charged in complete towards the modern length's profits. 7-2 promoting and administrative charges are dealt with as duration costs underneath both variable costing and absorption costing.
General period expenses encompass any prices that aren't at once related to product production. prison expenses, income commissions, and office components are considered length expenses and have to be recorded as expenses on the balance sheet.
length prices are fees that can't be capitalized on a company's balance sheet. In different phrases, they're expensed in the period incurred and appear at the profits statement. duration fees are also known as length fees.
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Answer:
Explanation:
Given that
Beginning of month supplies purchased for $1,000
And, the supplies used = $300
So, The adjusting entry is as follows
1. Supplies expense A/c Dr $700
To supplies A/c $700
(Being supplies expense is recorded)
The supplies expense is computed by
= Supplies balance - supplies used
= $1,000 - $300
= $700
Answer:
The answer is below
Explanation:
Some of the type of Political Challenges MTV network international face by operating worldwide includes:
1. Macro risks: these are risks relating to seizure or takeover by the government of the countries they are operating.
2. Micro risks: these include corruption, negative bias, or discrimination against the company due to MTV being a foreign company. It could also include excessive taxes levied against them.
Some of the type of Economic challenges MTV network international face by operating worldwide includes:
1. Inflation in the country of operation
2. Recession time in the economy the country of operation
3. Cost of employment advantages in the country of operation
Some of the type of competitive challenges MTV network international face by operating worldwide includes:
1. Adaptation to varying local cultures to draw the needed viewers
2. Transformation of the emerging technologies to meet and create an edge above other competitors in the local communities, regions, and the world at large.
Most likley B but it could be A, 50/50 on this one, its def not C or D.