1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STatiana [176]
3 years ago
5

What are the costs of “freebie” items?

Business
1 answer:
Oliga [24]3 years ago
3 0

Answer:

The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.

Explanation:

You might be interested in
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,146
gayaneshka [121]

Answer:

Net income for the period        $

Fees earned                              6,510

Wages                                       (2,887)

Rent expenses                          (816)

Utility expenses                         (310)

Depreciation expenses             (201)

Miscellaneous expenses           (64)

Dividend paid                             (<u>705)</u>

Net income                               <u> 1,527</u>

Explanation:

Net income is the excess of fees earned over costs and dividends paid. Thus, we will deduct all the costs and dividend paid from fees earned so as to obtain net income.

5 0
3 years ago
After Juan wrote down the week's tasks, schoolwork, and after-school activities in his assignment notebook, he highlighted all t
Nimfa-mama [501]

Answer:

Its B

Explanation:

5 0
3 years ago
Read 2 more answers
A company sold equipment for $100,000; the equipment had cost $300,000 and had accumulated depreciation of $180,000. The company
antiseptic1488 [7]

Answer:

Debit to loss on sale of equipment of $20,000

Explanation:

Data provided in the question:

Selling cost of the equipment = $100,000

Cost of the equipment = $300,000

Accumulated depreciation of the equipment = $180,000

Now,

The book value of the equipment

= Cost of the equipment - Accumulated depreciation

= $300,000 - $180,000

= $120,000

Therefore,

Proceeds for selling

= Selling cost of the equipment - Book value of the equipment

= $100,000 - $120,000

= - $20,000

Here, the negative sign depicts a loss

Hence,

The company’s journal entry to record the sale of the equipment would include a Debit to loss on sale of equipment of $20,000

7 0
3 years ago
Globalization increases the interdependency of the world's countries. Inflation in one country would most likely
Lina20 [59]
The correct answer for the question that is being presented above is this one: "D. relate to inflation in other countries." Globalization increases the interdependency of the world's countries. Inflation in one country would most likely <span>relate to inflation in other countries.</span>
Here are the following choices:
<span>A. not impact inflation in other countries
B. cause deflation in other countries
c. result in stagflation in other countries
D. relate to inflation in other countries</span>
7 0
3 years ago
Artisan Inspiration, Inc. is a merchandiser of stone ornaments. The company sold 6,000 units during the year. The company has pr
Jobisdone [24]

Answer:

Option (A) is correct.

Explanation:

Given that,

Units sold = 6,000 units

Sales = $565,000

Selling and administrative expenses  = $67,000

Operating income:

= Sales - Cost of Goods Sold - Selling and administrative expenses

= $565,000 - ($305,000 + $14,000 + $43,000 - $42,000) - $67,000

= $565,000 - $320,000 - $67,000

= $178,000

Therefore, the operating income for the year is $178,000.

5 0
3 years ago
Other questions:
  • Select the items that describe antitrust laws
    11·1 answer
  • g Your grandfather purchased a $1,000 face-value bond 10 years ago. When he purchased the bond, it had 30 years to maturity and
    6·1 answer
  • The united states' first large business bureaucracies began within which industry?
    10·1 answer
  • An organization of atheists sues the city of lakeville for its annual holiday display. each year, the display is in a public par
    6·1 answer
  • When a firm performs well, investors holding shares are______ willing to sell it and therefore, the demand for the stock _______
    14·2 answers
  • Redbox places its vending machines in easy-to-reach areas around pharmacies, grocery stores, discount stores, and more. Most cus
    6·1 answer
  • What is the pricing strategies used to market the product​
    7·1 answer
  • The price of a good or service must ____.
    8·1 answer
  • which trade sanction (embargo or subsidy) would be more effective in protecting domestic jobs? EXPLAIN WHY!!!
    9·1 answer
  • Manufacturing costs include all of the following categories except ________. multiple choice
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!