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Ludmilka [50]
3 years ago
11

Property taxes on a manufacturing plant should be classified as which type of cost?

Business
1 answer:
olganol [36]3 years ago
5 0

Answer:

A.

Explanation:

Property taxes on a manufacturing plant should be classified as a product cost but not a period cost. This is because product costs refers to the costs that you have to pay in order to continue production. This costs include labor, supplies, utilities, materials and even property taxes to maintain the facility open. While period costs refers to selling various other expenses taken on by administration but does not include property taxes.

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Which of the following describes the management function that includes determining which tasks will be done, who will do them, h
ololo11 [35]

Answer:

Planning management function

Explanation:

Planning is a management procedure which aims to identify objectives for the long term future of an organization and to determine the tasks and resources required in achieving these objectives. Managers should create a business plan or a marketing plan for achieving objectives.

4 0
3 years ago
Antonio and Barbara are partners who share income in the ratio of 1:2 and have capital balances of $40,000 and $70,000 at the ti
NikAS [45]

Answer: c. $20,000

Explanation:

The Loss on Realization is monies accrued after assets have been sold off at less than their original value and in Calculating it, the following formula is used,

Loss on realization = Total Capital Balances after payment of liabilities minus - balance

Slotting in the figures therefore we have,

Loss on realization = $40,000 + $70,000 - $80,000

= $30,000 was the total loss on Realization

Seeing as Antonio and Barbara are partners who share income in the ratio of 1:2 we allocate to Barbara as follows,

Barbara = $30,000 * 2/(1+2)

= $20,000

Therefore option C is correct.

6 0
3 years ago
In year 1000 a man named acholos nemroc celebrated him birthday, turning 100 years old, how old was he in -100?
Over [174]

Answer:

Okay

Explanation:

The answer is jjgxhkdyyffhohohugugojjhyfyffygihhhyghv28283939

3 0
2 years ago
A federal bank examiner came to a bank in Jacksonville. He audited the books and he checked out the staff and the office facilit
babymother [125]

Answer:

Eminent domain for the public good.

Explanation:

He charged the branch manager because he didn't see eminent domain for public use.

In eminent domain the government, the government the government has the power to take private property for public use.

The bank is a public place and as such are required to have a public domain that is members of the public or for civic use. Such a party is likely going to be for public use or it could be delegated to third parties.

3 0
2 years ago
Tinker's cost of goods sold in the year of sale (2019) was $790,000 and 2018 cost of goods sold was $810,000. The inventory at t
gladu [14]

Answer:

91 days

Explanation:

Here, we are to calculate the average number of days it will take to sell its inventory in 2019.

We proceed mathematically as follows;

Inventory turnover=COGS/Average inventory

Average inventory=(192,000 + 202,000)/2=$197,000

hence inventory turnover=(790,000/197,000)= 4.01

hence average days to sell=365/4.01 =91 days (approx)

6 0
3 years ago
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