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3 years ago

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:

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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Embezzlement is distinguished from fraud on the basis of:

damaskus [11]

Embezzlement happens when somebody depended with property deceitfully changes over it, keeps it for their own utilization. Theft is recognized from extortion on the premise of when the criminal purpose was framed.

Embezzlement once in a while includes distortion of records keeping in mind the end goal to hide the action. Thieves regularly discharge generally little sums more than once, in an efficient as well as deliberate way, finished a drawn out stretch of time, albeit a few thieves mystery one extensive aggregate at once.Some extremely effective theft plans have proceeded for a long time before being recognized because of the expertise of the thief in covering the idea of the exchanges or their aptitude in picking up the trust and certainty of speculators or customers, who are then hesitant to "test" the thief's reliability by driving a withdrawal of assets.

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3 years ago

Doctors Clinic orders 1,000 bandages from Emergency Supplies Company but fails to specify the sizes. The bandages are delivered

dalvyx [7]

Answer:see how long they have to measure it

Explanation:

5 0

3 years ago

Soda is the largest bottler of Soda in Western Europe. The company purchases Brand 1 and Brand 2 concentrate from The Soda Compa

Dmitry [639]

Answer and explanation:

<em>check the attached file for a well formatted answer</em>

The purchase budget for the month of Mar 2012 is asked. Also there are no changes in beginning and closing inventories. The data given is summarised as below,

Brand 1 Brand 2

Bottle size 2 lit 2 lit

Number of bottles 106000 81000

Concentrate cost $85 per pound

Concentrate used 0.15 lb per 100 lit 0.2 lb per 100 lit

Carbonated water used 2 lit 2 lit

Bottle cost $0.1 per bottle

Carbonated water cost $0.08 per litre

Based on this the budget is filled as below,

CONCENTRATE 2-LITRE BOTTLES CARBONATED WATER

Brand 1 (A)

318 lbs

[=106000*2/100*0.15 lbs]

106000 bottles

212000 litres

[106000 bottles * 2 litres]

Brand 2 (B)

324 lbs

[=81000*2/100*0.2 lbs]

81000 bottles

162000

[81000 bottles * 2 litres]

Total Materials (C=A+B) 642 lbs 187000 bottles 374000 litres

Direct materials unit price (D) $ 85 $ 0.1 $ 0.08

Total direct materials to be purchased (E=C*D) $54570 $18700 $29920

7 0

3 years ago

At what value should the land be recorded in clementine repair service records?

adell [148]

Answer: $369,500

Explanation:

The Cost concept of accounting calls for the recording of Assets at their cost.

Clementine Repair services offered to buy the land at $350,500 when it was priced at $388,500.

The seller countered with $369,500 and Clementine accepted this.

This means that Clementine bought the land for $369,500 which makes it the cost price.

They should therefore record it at $369,500.

6 0

3 years ago

You are part of an Information Systems project team. Your job is to ensure that the technology and vendor suggested for use in t

LenaWriter [7]

.answer:

the correct answer is (c)

explanation:

information systems manager (IS Manager) represent data innovation in an association, regulating a group of IT experts. The job incorporates data frameworks arranging, establishment, and support, including equipment and programming overhauls. IS directors may concentrate on a particular issue, for example, arrange security or Internet administrations, or they may organise all innovation tasks

8 0

3 years ago