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Zielflug [23.3K]
2 years ago
14

Period costsSelect one:a. are used to compute product cost.b. are selling costs and administrative costs.c. can be included in o

verhead costs.d. are carried in inventory until the goods are sold.
Business
1 answer:
Shkiper50 [21]2 years ago
3 0

Answer:

The correct answer is B: are selling costs and administrative costs

Explanation:

Giving the following information:

Period costs:

a. are used to compute product costs.

b. are selling costs and administrative costs.

c. can be included in overhead costs.

d. are carried in inventory until the goods are sold.

Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. Includes costs of the corporate office, selling, marketing, and the overall administration of company business. Period costs are not attached to one particular product or the cost of inventory like product costs.

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Rolfes Company purchased merchandise on account from a supplier for $7,500, terms 1/10, n/30. Rolfes Company returned $1,200 of
Blababa [14]

Answer:

$6,237

Explanation:

The computation of the cash required for the payment is shown below:

= Merchandise amount - return and allowances - discount

= $7,500 - $1,200 - $63

= $6,237

The discount = (Merchandise amount - return and allowances) × discount rate

= ($7,500 - $1,200) × 1%

= $63

Simply we consider the items i.e merchandise purchase amount, returned merchandise amount and the discount given amount

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3 years ago
Marine Midland Bank sent market researchers door-to-door in the neighborhoods surrounding its branch banks. Each researcher want
RoseWind [281]

Marine Midland researchers were using individual interviews to collect these data.

<h3><u>Explanation:</u></h3>

An information-gathering interview is a focused discussion with a specific determination that practices a question-and-answer format. Intentions are valuable erudition that can be gathered from interviews. Interview questions are regularly open-ended subjects so that in-depth knowledge will be obtained.

In the personal interview, the interviewer acts instantly with the respondent.  They also grow a viable choice where there are short respondents. There are possibilities for reviewing to get underlying factors. The interviewer can seek in-depth information around the topic.

6 0
3 years ago
Which of the following is the least reliable resource for fraud statistics? a. Fraud perpetrators. b. FBI agencies. c. Health ag
Stells [14]

Answer:

The correct answer is A) Fraud perpetrators.

Explanation:

Being fraud a crime it is normal to think of certain attributes that make us determine some characteristics of criminals; Preconceived are: poor education, bad manners, and bad by nature. Scholars of criminal behavior have determined certain personality characteristics of the fraud perpetrator that are far from the stereotypes cited.

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3 years ago
Rina and Musashi are married, under the age of 65, and have four children under the age of 18. Musashi works full time and earns
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Answer: Not at all

Explanation:

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3 years ago
Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for dis
777dan777 [17]

Answer:

Liability of un-redeemed coupons Pending on December 31, 2018 is $60,000

Explanation:

Coupon already expired issued on Jan 01, 2018      

Coupon issued on 07/01/2018                                 <u>$830,000</u>

Estimated redeemable coupon value - 50%           $415,000

($830,000 * 50%)

Less : Disbursed                                                        <u>$355,000</u>

Liability pending on Dec. 31, 2018                         <u>$60,000</u>

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