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3 years ago

A direct cost is a cost that is:

Business

1 answer:

kap26 [50]3 years ago

4 0

Answer:

(D) Traceable to a single cost object.

Explanation:

A direct cost -

It is refers to the amount which is directly linked to the production of the specific products and services , is referred to as the direct cost .

The direct cost is variable in nature .

The direct cost can be traced to the cost object , that can be department , product or service.

Hence, from the given information of the question,

The correct option is D.

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Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns $50,000

sesenic [268]

Answer:

$100,000

Explanation:

The computation of gross profit is shown below:-

Gross profit = (Sales revenue - Sales return - Sales discount) - Cost of goods sold

= ($350,000 - $50,000 - $20,000) - $180,000

= $280,000 - $180,000

= $100,000

Therefore we simply applied the above formula for determining the gross profit

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3 years ago

Denver Systems has total assets of $1,000,000; common equity of $400,000; a gross profit of $800,000; total operating expenses o

krok68 [10]

Answer:

See

Explanation:

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3 years ago

Ricardo buys a coffee maker as a gift for his sister. The product turns out to be defective. Ricardo knows that he can complain

Natali5045456 [20]

Answer:

the entire supply chain (hope this helps) pls i need one more brainly to rank up

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3 years ago

Cozy Country Market entered the candle business with a unique product: a line of candles made from soy that produce less smoke a

sergeinik [125]

Answer:

The correct answer is "indirect attack or bypass attack"

Explanation:

Bypass Attack or indirect attack is when the market challenger doesn´t attack directly a company leader, but increases its market share by attacking the vulnerable market.

Expanding into the untapped markets and innovating the actual product with technology.

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3 years ago

On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 400,000 shares of $10 par common stock at $18, and on Nov

ivann1987 [24]

Answer: The answer is as follows:

Explanation:

Journal entries are as follows:

For October 31:

Cash (400,000 × $18) $7,200,000

Common stock (400,000 × $10) $4,000,000

Paid in capital in excess of par value-common stock $3,200,000

( record of issuing common stock)

For November 19:

Cash (50,000 × $80) $4,000,000

Preferred stock (50,000 × $75) $3,750,000

Paid in capital in excess of par value-Preferred stock $250,000

( record of issuing preferred stock)

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3 years ago