Answer:
Cost of goods sold = $179,000
Explanation:
The cost of goods sold represent the amount of direct expenditure incurred on the units of goods sold for the period. It is computed as follows
Cost of goods sold = Opening inventory + cost of production - closing inventory
Note that closing inventory represents the value of the goods yet to be sold at the end o the period while opening inventory represent the worth of goods brought forward from the previous period.
Cost of production is the addition of direct material, direct labour and production overhead.
The cost of goods sold for unique production is
Cost of goods sold = Opening inventory + production - closing inventory
cost of gods sold = 20,000 + (60,000 + 35,000 + 100,000) - 36,000
= $179,000
In deciding on a legal form of organization, you should ask yourself how many employees will you hire.
<h3>What is an organization?</h3>
An organization refers to an organized group of people with a particular purpose such as any business or government department.
When deciding on a legal form of organization, you should ask yourself all of the following questions except how many employees will you hire.
Therefore, C is the correct option.
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a. Check to utility company for $87.26.
d. The three open invoices issued to the hair stylist.
e. Check to the telephone company for $54.19
Telephone expense, Utility expense and Rent Invoices issued to barbers require a new journal entry.
An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or other category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost.
Expenses are money that costs or must be spent to do something. Most of the marble was imported from Italy at great expense. Vacations with dogs can often come at an additional cost. It wasn't a lot of money, but it helped me pay my bills.
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Answer:
Internal
Explanation:
As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing and not just the marketing department of the firm.
Cheers.