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Law Incorporation [45]
4 years ago
7

Until the product is sold, the cost to prepare merchandise for sale is part of:

Business
1 answer:
Arturiano [62]4 years ago
4 0

<u>Answer:</u>

<em>B) Selling costs </em>

<em></em>

<u>Explanation:</u>

Organizations need to follow the entirety of the expenses that are legitimately engaged with delivering their items available to be purchased, notwithstanding other operational expenses. These immediate expenses are known as the expense of merchandise sold (COGS), and this figure shows up in the organization's benefit and misfortune articulation (P&L). It's likewise a significant piece of the data. The organization must give an account of its expense form.

The expense of extra items acquired or created during the year is included, and afterward, stock toward the year's end is subtracted.

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The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply fo
irina1246 [14]

Answer:

recruitment is the correct answer.

Explanation:

  • Recruitment is a process of hiring and selecting the right and qualified person for a vacant position.
  • The recruitment process involves selecting a required candidate, sourcing attracting, investigating the job qualifications, screening, analyzing the application, strategy development, evaluation and shortlisting.
  • The advantages of the Recruitment process are increased applicant quality, increase manager satisfaction and improve employment name.
4 0
4 years ago
A commenced his cloth business on 1st April, 2018 with a capital of ₩30,000. On 31st March 2019, his assets were worth ₩50,000 a
marysya [2.9K]

Answer:

Profits = ₩10,000

Closing Capital = ₩40,000

Explanation:

Let's note down the given information at first.

  • Opening capital = ₩30,000
  • Worth of assests after 1 year = ₩50,000
  • Liabilities = ₩10,000

Now,

Profits

= (Worth of assets after 1 year - Liabilities)  - Opening capital

= (₩50,000 - ₩10,000) - ₩30,000

= ₩10,000

Next, let's find the closing capital

= Assets - Liabilities

Assets                ₩50,000

Liabilities              ₩10,000

\rule{150pt}{1pt}

Closing capital      ₩40,000

\rule{150pt}{2pt}

8 0
2 years ago
*Improper Answers = BAN*
labwork [276]

Explanations:

Required 1

Actual manufacturing overhead= $11000+20000+143000= $174000

Underapplied or overapplied overhead= Actual manufacturing overhead-Applied manufacturing overhead

= $174000-152000= $22000 underapplied

Required 2

Adjusted cost of goods sold= $342000+22000= $364000

5 0
3 years ago
Tammy, a single taxpayer, owns and operates LittleCo, a sole proprietorship that is a qualified trade or business. Tammy has $10
AveGali [126]

Answer: $15,000

Explanation:

As of December 31st 2017, eligible tax paying Sole proprietors are allowed to deduct up to 20% of their Qualified Business Income (QBI) from their domestic business. This also applied to QBI from domestic partnerships, S corporation, trust or estate.

For owners of the business, the QBI deduction is net of itemized deductions so with Tammy owning the business, her qualified QBI is;

= 20% * (100,000 - 25,000)

= $15,000

5 0
4 years ago
You are at the checkout counter at the local supermarket, use your debit card to pay for your groceries, and select “credit” whe
vekshin1

Answer:

B.

Explanation:

The checking account is also known by other names such as current account, transaction account, etc. This account helps in immediate access by the owner of the account for transactions. This account is used for immediate transactions when the owner use a debit card, or withdraws cash.

<u>In the given case, the  money will be deducted from the checking account or current account when he use the debit card</u>.

Therefore the correct answer is option B.

6 0
3 years ago
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