Answer:only counting final goods
Explanation:
Answer: See explanation
Explanation:
The year-end adjusting entry to record the cost side of sales returns and allowances will be:
Dr Inventory Return estimated $3200
Cr Cost of goods sold $3200
(To record expected coat of returns)
Note that the above calculation was done as:
= $64,000 × 5%
= $64,000 × 0.05
= $3200
In an automobile manufacturing plant, the assembly-line workers are considered to be direct labor cost.
<h3>Direct labor cost</h3>
Direct labor cost is wages that are incurred in order to produce goods or provide services to customers. The total amount of direct labor cost is much more than wages paid. It is assigned to a particular work order, or provision of a service.
It also includes the payroll taxes associated with those wages, plus the cost of company-paid medical insurance, life insurance.
Find out more on direct labor cost at: brainly.com/question/13050471
Factors that impact the poverty rate: crime depending on the place the person lives in, social inequality, environmental conditions, and the lack of education
