Answer:
a. $265,300
b. $449,600
Explanation:
Product costs are all the costs incurred in directly manufacturing a product (direct labor and direct materials), while period costs are indirect costs and include overhead, S&A expenses, etc. Period costs occurrence is directly related to the passage of time, e.g. equipment will depreciate whether it is used or not.
product costs:
- Direct labor $93,400
- Direct materials $171,900
-
total = $265,300
period costs:
- Marketing salaries $54,500
- Property taxes, factory $12,500
- Administrative travel $103,400
- Sales commissions $53,800
- Indirect labor $43,700
- Advertising $140,300
- Depreciation of production equipment $41,400
- total = $449,600
Best Answer: <span>Trade associations are indusrty trade group
</span>Trade associations are responsible for all of the following except <span> providing health-care coverage for their workers
they don't provide health care coverage for their worker.
Have a beautiful A's</span>
Answer:
197............................
Answer:
a.Increase Net Income
Explanation:
Unearned Revenue
The Accrual Principle requires Incomes and expenses to be recorded in the period they occur or incur.
Revenue not earned has not yet occurred and can not be recognized hence no effect on revenues reported for the period.
Fees earned
Fees earned represents increases in economic benefits from non primary activities of the company.
This has the overall effect of increasing Net income in the reporting period
Financial control is the process through which a firm periodically compares its budget to :
<h3>What is meant by financial control?</h3>
The methods, procedures, and techniques used by an organization to monitor and manage the use, allocation, and direction of its financial resources are known as financial controls. Any organization's resource management and operational effectiveness are fundamentally dependent on its financial controls.
Financial controls are laws and practices intended to stop or catch fraud and accounting irregularities. Financial controls include things like double-counting cash deposits and account reconciliation.
Read more on financial controls here: brainly.com/question/26398073
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Financial control is a process through which a firm periodically compares its budget to which of the following? (Select all that apply)
Multiple select question.
(A) stock price
(B) revenues
(C) expenses
(D) market share
(E) costs