All categories

4 years ago

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.

You might be interested in

For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that i

DaniilM [7]

Answer:

1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.

Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.

2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.

Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.

3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.

Integrity: you must abstain from performing illegal activities, and bribery is illegal.

4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.

Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.

4 0

4 years ago

Budgeted Actual Overhead cost $909,000 $884,000 Machine hours 55,000 46,000 Direct labor hours 101,000 98,000 Overhead is applie

LiRa [457]

Answer:

Missing word <em>"(b) Determine the amount of overhead applied for the year?"</em>

<em />

1. Predetermined overhead rate = Budgeted overhead / Budgeted direct labor hours

Predetermined overhead rate = $909,000 / 101,000

Predetermined overhead rate = $9 per DLH

2. Overhead applied = Actual hours * Overhead rate

Overhead applied = 98,000 * $9 per DLH

Overhead applied = $882,000

3 0

3 years ago

In a waiting line system, suppose the arrivals are random with an average of 6 customer per hour, whereas the average capacity o

agasfer [191]

Common quantity of clients ready in line is the subsequent measures of machine overall performance is a key degree with recognize to consumer satisfaction.

The required details for customer in given paragraph

In sales, trade, and economics, a consumer (on occasion referred to as a patron, buyer, or purchaser) is the recipient of a good, service, product or an concept - received from a dealer, vendor, or supplier thru a economic transaction or exchange for money or a few different valuable consideration. Clients who habitually go back to a dealer broaden customs that permit for normal, sustained trade that lets in the vendor to broaden statistical fashions to optimize production processes (which alternate the character or shape of products or services) and deliver chains (which adjustments the vicinity or formalizes the adjustments of possession or entitlement transactions). The time period patron is derived from Latin customers or care meaning "to incline" or "to bend", and is associated with the emotive concept of closure. It is broadly believed that humans handiest alternate their conduct whilst inspired by greed and fear.

Winning a patron is, therefore, a unique event, that is why expert experts who cope with precise troubles generally tend to draw long-time period customers in preference to normal clients. Unlike normal clients, who purchase simply on rate and value, long-time period customers purchase on revel in and trust.

To know about customer click here

brainly.com/question/26313265

#SPJ4

3 0

2 years ago

Vanity Fair, the makers of Lee jeans, learned from market research that young men perceived the brand as being for women. As a r

liubo4ka [24]

Answer:

Product repositioning

Explanation:

Based on the information provided within the question it seems that Vanity Fair is using Product repositioning in this scenario. This term refers to when a company tries a different marketing technique in order to change the market's perception of their product or brand in order to increase sales performance. They are apparently doing this by putting a more masculine face (Buddy Lee) as the face of the products marketing campaign in order to change the perception that the shoes are for women.

If you have any more questions feel free to ask away at Brainly.

8 0

4 years ago

David, a real estate broker representing the seller, received an offer on his client's property for $450,000, $50,000 below the

Evgen [1.6K]

The client should be told that the potential buyer is prepared to pay $25,000 more than the asking price. This is further explained below.

<h3>What is a real estate broker?</h3>

Generally, Real estate brokers are real estate agents who successfully complete additional schooling requirements and get a state real estate broker license.

In conclusion, Informing the customer that a buyer is willing to pay $25,000 more than the asking price is appropriate.