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Alex_Xolod [135]
4 years ago
7

Acme Manufacturing Company’s controller was classifying costs for the most recent financial statement period. Which of the follo

wing should be excluded from the calculation of gross margin? Group of answer choices Factory worker wages. Materials used in assembling a product. Conveyer belt maintenance for production of all products. Marketing brochure for the company’s new product. None of them
Business
1 answer:
NeTakaya4 years ago
7 0

Answer:

Marketing brochure for the company’s new product

Explanation:

As we know that

Gross profit is a difference between sales and the cost of goods sold

In mathematically,

Gross profit = Sales revenue - cost of goods sold

The cost of goods sold includes the cost related to the material, direct labor, manufacturing overhead, etc

Moreover, it consist of wages of factory workers, maintenance cost

Therefore the marketing brochure is not included in the gross profit as it used to display the company products to the customers

You might be interested in
What is a contingency plan?
fenix001 [56]

Answer:

Um plano de contingência é um tipo de plano preventivo, preditivo e reactivo.

Apresenta uma estrutura estratégica e operativa que ajudeá a controlar uma situação de emergência e a minimizar as suas consequências negativas.

O plano de contingência propõe uma série de procedimentos alternativos ao funcionamento normal de uma organização, sempre que alguma das suas funções usuais se vê prejudicada por uma contingência interna ou externa.

5 0
3 years ago
Jerome's Italian Pizza is in a very competitive industry, and its upper management believes that it can achieve higher profits b
Troyanec [42]

Answer:

That statement is true

Explanation:

Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.

This can be seen in Jerome's italian pizza.

"Increase profits by 15% a year for each of the next five years" is  what considered to be the desired outcome.

lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.

3 0
4 years ago
Suppose that Tiffany has an income of $20 per week and she spends it on frozen pizza (P) and beer (B).The price of a bottle of b
dusya [7]

Answer:

First 4 subparts are answered below:

A)

Equation for budget constraint: p1.x1 + p2.x2 = M

Substituting the given information gives: 1B + 5P = 20

B)

The budget constraint is below: See  attachment

C)

Slope of budget constraint: -P(pizza)/P(beer) = -5

D)

New budget constraint: 2B + 5P = 20

New slope: -5/2 = -2.5

New constraint line: See attachment

4 0
4 years ago
A balance sheet is a financial statement that shows _____ on a specific date. assets liabilities and owner's equity assets, liab
Kazeer [188]

Answer: the second to last option, owner's equity

Explanation:

i took the business class earlier this semester on edge :)

3 0
3 years ago
brown industries operates a defined benefit pension plan. information received from the actuary and the trustee related to the y
algol [13]

Brown’s Year 2 net pension plan cost is- $239,000

Pension Cost = Service Cost + Interest Cost + Prior Service Cost + Prior Loss - Actual Return

= $105,000 + $190,000 + $122,000 + $37,000 - $215,000

= $239,000.

A retirement plan is an employee benefit plan established or maintained by an employer and/or an employee organization.

A pension plan is a type of retirement plan that provides monthly income after retirement. Employers are obliged to contribute to the pool of funds invested for the benefit of their employees. As an employee, you can also pay part of your wages to the plan. Not all companies offer these plans.

Learn more about pension plan at

brainly.com/question/27757390

#SPJ4

3 0
2 years ago
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