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navik [9.2K]
4 years ago
7

Which costs are correlated with the firm’s sales and include the costs of labor, raw materials, and sales commissions?

Business
1 answer:
Llana [10]4 years ago
6 0

Answer:

The correct answer is letter "B": direct.

Explanation:

Direct Costs for finished goods refer to the items and services directly used in production. Other costs such as rent and insurance for the production site are indirect costs. Examples of direct costs are direct labor and materials, manufacturing supplies or even commissions out of sales.

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PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at
LUCKY_DIMON [66]

Answer:

$3,000

Explanation:

Given that,

On April 1, 2021, total sales of one-year subscriptions = $12,000

Total number of months for which subscription is received = 12 months

Months Relating to year 2022 for which subscription received on 1 April 2021:

= From January 1, 2022 to March 31, 2022

= 3 Months

Deferred revenue is for the three months.

Therefore, the adjusted balance of Deferred Revenue on December 31, 2021 is as follows:

= Amount of subscriptions received × Time period

= $12,000 × (3 ÷ 12)

= $3,000

5 0
3 years ago
The final step in recognizing the completion of production requires a company to?
Maru [420]

'The final step in recognizing the completion of production requires a company to debit Finished-Goods Inventory and credit Work-in-Process Inventory.

Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.

Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production.

The economist classifies the factors of production into his four categories: land, labor, capital and entrepreneurship. The first element of production is land, which includes all natural resources used to produce goods and services.

Learn more about production brainly.com/question/16755022

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4 0
2 years ago
A cylindrical can that has a capacity of 20 m3 will be made. The metal used to build the top costs $10 per square meter while th
Alchen [17]

The dimensions of the cylinder can be used to minimise cost of manufacture.

<h3>How to we find minimised cost?</h3>

Let's ignore the metal's thickness and assume that the material cost to manufacture is precisely proportionate to the surface area of a perfect cylinder.

A=2πr(r+h)

Given that V=1000=r2h and h=1000=r2, we can write

A=2πr(r+1000πr2)

A=2πr2+2000r−1

By setting the derivative to zero, we may determine the value of r that minimises A:

A′=4πr−2000r−2

0=4πr−2000r−2

2000r−2=4πr

2000=4πr3

r=500π−−−√3

r=5.419 + cm

h=1000πr2=10.838 + cm

The can with the smallest surface area has a volume of 1000 cm 3 and measures 5.419+ cm in radius and 10.838+ cm in height. The can has a surface area of 553.58 cm 2. Given a constant volume, the cylinder with diameter equal to height has the least surface area.

Can surface area (cm2) versus. radius (cm), where capacity = 1000cm 3.

Learn more about manufacturing here:

brainly.com/question/17111259

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8 0
1 year ago
At the ________ level of an organization, functional managers focus on monitoring and controlling operational-level activities a
stellarik [79]

Answer:

A

Explanation:

Middle-level managers, or middle managers, are those in the levels below top managers. Middle managers' job titles include: General manager, Regional manager, and Divisional manager. etc.

Middle-level managers are responsible for carrying out the goals set by top management. Middle managers may also communicate upward, by offering suggestions and feedback to top managers. However, at the managerial level, of the organization, all functional managers, which are called the midlevel managers, focus on automation of the monitoring and controlling of the operational-level activities and provide information to higher levels of the organization. They in turn, they improve the organizational effectiveness.

5 0
4 years ago
A stock split: increases the total value of the common stock account. decreases the value of the retained earnings account. does
yarga [219]

Answer:

decreases the total owners' equity on the balance sheet.

Explanation:

Company's board of director decisions to increase the number of outstanding shares, by issuing more shares to current share holders : is referred to as Stock Split.

Stock Split decision effects the stock prices. It leads to decreased stock prices, as the number of outstanding shares has increased. The fall in price of stock : leads to reduced value of share capital, which is a part of Equity. So, it finally decreases the total owners equity on balance sheet

3 0
3 years ago
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