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

1 answer:

6 0

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

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Question 2 of 8

sveta [45]

Answer:

This type of income is known as non-operating income in the financial statements

Explanation:

Non-operating income, as the world implies, is the income that a firm earns from activities that are not related to its main economic activity. An example would be a mall, whose main activity is the rental and management of commercial real estate, earning some income from short-term investments in the secondary market. This interest would be reported as non-operating income, and would be treated as such for financial, accounting, and tax purposes.

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2 years ago

The internet corporation for assigned names and numbers (icann) uses companies called _____ to handle the business of registerin

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The internet corporation for assigned names and numbers uses companies named accredited domain name registrars to handle the business of registering domain names. In addition, cloud computing denotes to a computing setting where software and storage are delivered as an internet service and get into with a web browser.

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3 years ago

f the unemployment rate is 8 percent, this means: a. 8 percent of the population is unemployed. b. 8 percent of the population o

hodyreva [135]

Answer:

c. 8 percent of the labor force is unemployed.

Explanation:

The Unemployment Rate measures the percentage of the total labor force that is unemployed while actively seeking employment during the previous month. If the unemployment rate is 8 percent, this means 8 percent of the labor force is unemployed. That also means, out of all the people actively seeking employment during the previous month, 8 percent are still unemployed or jobless.

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3 years ago

On Jan. 3, Gourmet Cakes sold $15,000 of merchandise on account to Jerry Hines. On Jan. 10, Jerry returned $2,000 of the merchan

Sonja [21]

Answer:

sales returns & allowance 2,000 debit

accounts receivables 2,000 credit

Inventory 500 debit

COGS 500 credit

-to record the return of goods from Jerry Hines--

Explanation:

As the returned goods are not reported as failure or malfunction just; the customer returned as exceeds his needs, we can return them to goods ready to sale thus; inside inventory account.

We will decrease the account receivable, our COGS and increase our inventory

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3 years ago

An allocation base that causes overhead costs to be incurred is called a(n):

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It is called A COST DRIVER. A cost driver refers to any factor that causes a change in the cost of an activity. Cost driver is used to assign overhead costs to the quantity of a particular goods that is manufactured. Example of a cost driver is direct labour hours input into a production operation.

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3 years ago