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3 years ago

Property taxes on a company's factory building would be classified as a(n):

1 answer:

4 0

Property taxes on a company's factory building would be classified as "manufacturing cost".


Manufacturing cost refers to the sum of expenses of all assets expended during the time spent making an item, these costs are normally separated from other everyday expenditure in order to measure the effectiveness and production of the company. Direct materials cost, direct labor cost and manufacturing overhead are the three classes of manufacturing cost.

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Why is fr33 p01nts banned

igor_vitrenko [27]

Answer:

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2 years ago

Read 2 more answers

Retail companies compete based on:

MatroZZZ [7]

Answer: D. all of the above

Explanation:

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2 years ago

7. Preparing Additional Employment Documents Although the résumé and cover message are the major tasks during your employment se

Bogdan [553]

Answer:

A list of graduation dates

A list of beginning and ending dates of employment

A card with any vital statistics that are not on your résumé

Explanation:

When providing additional information in the recruitment process, accurate and relevant information shows you are professional and have good communication skills. Making your chances of landing the job better.

Relevant information includes accurate dates of graduation and previous employment. Ensure these records are consistent accross all documents presented. Disparity will be perceived as lack of transparency.

Also a card with vital statistics not on your resume should be prepared. These can include achievements in past job roles. For example: I introduced a software that automated inquiry process and reduced cost by 30%.

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3 years ago

The following totals for the month of April were taken from the payroll register of Magnum Company. Use this information to answ

tankabanditka [31]

Answer:

Explanation:

"employer's payroll taxes" This means we are asked for the entry of the employer, not the employee.

The employer will contribute the same amount for FICA(medicare and social security) FUTA and SUTA

so the entry will be :

payroll tax expense debit 1148

FICA taxes payable credit 900

FUTA payable credit 32

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3 years ago

Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $48,000. Assuming that the fixed monthly expense

Kryger [21]

Answer:

The best estimate of the company's net operating income in a month is $34,800.

Explanation:

This can be calculated using the following steps:

Step 1: Calculation of contribution margin

This can be calculated using the formula for calculating the contribution margin ratio as follows:

Contribution margin ratio = Contribution margin / Sales ........... (1)

where,

Substituting the values in the question into equation (1) and solve for contribution margin, we have:

60% = Contribution margin / $138,000

Contribution margin = 60% * $138,000 = $82,800

Step 2: Estimation of the company's net operating income in a month

This can be calculated using the following formula:

Net operating income = Contribution margin - Fixed expenses ......... (2)

Substituting the $82,800 obtained in Step 1 for contribution margin and the fixed monthly expenses of $48,000 in the question into equation (2), we have:

Net operating income = $82,800 - $48,000 = $34,800

Conclusion

From Step 2 above, the best estimate of the company's net operating income in a month is therfore $34,800.

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3 years ago