Answer:
all manufacturing costs except direct labor and direct materials
Explanation:
Manufacturing or production/Factory costs are usually classified as direct or indirect.
Direct cost are those costs incurred that are directly linked to production.
This includes direct labour, direct material, etc.
Manufacturing overheads or indirect costs are costs incurred in the production process that may not be linked directly to the production of goods and services.
The capital of Norway is Oslo
Answer:
Gross profit= $388
Explanation:
Giving the following information:
Beginning November 1: 5 units at $20
Purchase November 2: 10 units at $22
Purchase November 12: 6 units at $25
On November 8, it sold 12 units for $54 each.
LIFO (last-in, first-out)
COGS= 10*22 + 2*20= $260
Gross profit= 12*54 - 260= $388
Answer:
<u>Equity</u>
Explanation:
Equity in a financial budget would refer to those financial policies relating to taxation of incomes and investments, spendings , etc which are formulated after taking into account the interests of all the sections of the society.
If a budget is favorable to the rich or to the poor, the budget is biased and unbalanced and thus lacks the essential criteria of equity which is justness and fairness to all.
In the given case, a certain section of the masses felt unfair amount of financial burden. Hence, as per the section, the budget is unfair or unequal i.e it burdens one section more than others.