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3 years ago

Period costs include

Business

1 answer:

gayaneshka [121]3 years ago

3 0

Answer:

d) operating costs that are shown on the income statement in the period in which they are incurred.

Explanation:

A period cost is that which does not relate to a particular product but rather to a passage of time.

Period costs are often costs that a firm would incurred simply because it is operational and not because goods are sold. For example, whether or not a bakery produces bread, it will have to pay for rent , salaries of administrative workers, provide for depreciation of plant and machines e.t.c.

Period costs are charged are charged to the income statement as expense in the period in which they are incurred. A very popular example of period costs are selling and administrative overheads

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How did huge industrial trusts develop in industries such as steel oil and banking, what was the effect on the economy?

aalyn [17]

The huge industrial trusts developed in industries such as steel and oil because there was a lot of competition to make the most profit and to be the best factory. Oil was a huge cooperation because it fueled the trains. Smaller bothersome rival companies would join bigger ones to create a monopoly. Standard oil owned by Rockefeller was a vast power and the word trust came to be generally used to describe any large scale business combination. Steel became a large industry for the fact that it was a strong metal that built the trains and tall sky scrappers. Also steel was used to build the transcontinental rail roads The Bessemer process came about which was a method of making cheap steel. It made the economy a more cut throat environment of dog eat dog and became ruthless. The economy was about power and money and was very greedy. Immigrant workers were employed with very low wages and worked laboriously many hours a day. Their effect on the economy was to create large <span>monopolies, their effects were tremendous.</span>

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3 years ago

Valley markets has an inventory turnover of 3.2 and a capital intensity ratio of 1.9. what are the days in inventory for valley

Aleonysh [2.5K]

The days in inventory for valley markets is 114

<h3>How to calculate the days in inventory for valley markets ?</h3>

Valley markets has an inventory turnover of 3.2

The capital intensity ratio is 1.9

There are 365 days in a year, the days in inventory for valley markets can be calculated as follows

= 366/3.2

= 114

Hence the days in inventory for valley markets is 114

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1 year ago

Which early farming tool removed the stalk and the grain from a husk of wheat? sickle scythe thresher mouldboard plow

tankabanditka [31]

A sickle because it was used during the Industrial Revolution

8 0

3 years ago

Read 2 more answers

Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 33,000 candles for January. Each candle requires molding. A

djverab [1.8K]

Answer:

Total direct labor cost = $16,087.50

Explanation:

Production = 33,000 candles

Minute per candle = 3 minutes

Total minute to produce 33,000 Candle = 33,000 candles * 3 minutes = 99,000 Minutes

Total hours for production = 99,000 / 60 minutes = 1,650 hours

Hence, molding hours = 1,650 hours

Total direct labor cost = Molding hours * Molding labor costs per hour

Total direct labor cost = 1,650 hours * $9.75

Total direct labor cost = $16,087.50

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2 years ago

Suppose Ginger deposits $12,000 in cash into her checking account at the Bank of Skidoo. The Bank of Skidoo has no excess reserv

Alborosie

Answer:

The question is incomplete since the requirements are missing, but I guess that it deals with the bank's ability to create money.

When you deposit money into a bank account, the bank will then lend most of that money to other clients. This is possible due to the money multiplier = 1 / required reserve rate = 1 / 4% = 25

the total increase in money supply = $12,000 x 25 = $300,000

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3 years ago