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Zigmanuir [339]
1 year ago
7

The costs of providing a work space for project workers, office furniture, electricity, and a cafeteria are ____ costs.

Business
1 answer:
sweet-ann [11.9K]1 year ago
6 0

The costs of providing a workspace for project workers, office furniture, electricity, and a cafeteria are <u>indirect</u> costs.

Cost, generally speaking, is the monetary value of goods and services purchased by producers and consumers. In a basic economic sense, the cost is a measure of the alternative choices he gives up in choosing one good or activity over another.

There are two basic types of costs that a business incurs: fixed costs and variable costs. Fixed costs do not change with performance, while variable costs do. Fixed costs are sometimes called overhead costs. It occurs whether the firm produces 100 products or 1,000 products.

Learn more about costs here: brainly.com/question/4953989

#SPJ4

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[The following information applies to the questions displayed below.]
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Answer:

                                  Allied Merchandisers

                                        Journal Entries

Date           General Journal                         Debit        Credit

03-May   Merchandise Inventory               $20,000

                     To Cash                                                     $20,000

05-May    Accounts Receivable                 $21,000

                      To Sales                                                    $21,000

05-May     Cost of goods sold                     $15,000

                     To Merchandise Inventory                        $15,000

07-May      Sales Returns and allowances   $1,750  

                      To Accounts Receivable                           $1,750

07-May      Merchandise Inventory               $1,250

                      To Cost of goods sold                                $1,250

08-May      Sales Returns and allowances    $300

                       To Accounts Receivable                            $300

15-May        Cash                                             $18,571

                   Sales Discounts                           $379

                    ($18950*2%)

                         To Accounts receivable                           $18,950

                          ($21000-$1750-$300)

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