1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kakasveta [241]
3 years ago
13

Describe the difference between cost of goods and operating expenses.

Business
1 answer:
MrRissso [65]3 years ago
8 0

Both operating expenses and cost of goods sold (COGS) are expenditures that companies incur with running their business. However, the expenses are segregated on the income statement. Operating expenses and COGS measure different ways in which resources are spent in the process of running a company.

You might be interested in
Name the written test a potential driver must pass and list the minimum required score to earn a learner’s license.
pav-90 [236]
In order to obtain a learners permit, teen drivers are required to pass a written test. Typically they will prepare for this exam by completing a drivers education course. Though not a requirement in all states, drivers ed is the easiest way to be thoroughly prepared for the complicated driving laws and scenarios you’ll face on the permit exam. Once you pass your permit test and earn a permit, there may still be certain restrictions attached to this provisional license — such as requiring a licensed driver over a certain age to be seated in the passenger seat, limiting your driving to daylight hours, and other state-mandated rules.

General United States Permit Requirements

While each state has its own set of guidelines, in general, teens between 14 and 18 years of age can start the drivers education and learners permit process. Once a teen driver has obtained a learners permit, there are additional state-specific requirements they must meet before they can apply for their drivers license.

Before obtaining a learners permit in any state, a teenager is required to pass a driving knowledge test. Drivers education is the best way for a teen to prepare for this exam, whether the state requires it or not. In some cases, passing a drivers ed final exam can substitute for the written exam. No matter how the test is taken, students must pass with at least a 70% or higher, depending on that state’s minimum. Once he or she passes, a teen driver will be issued a learners permit. Some states require teen drivers to have a permit for a minimum of 6 months before they can take their drivers license exam.
8 0
3 years ago
Explain sustainable eco-friendly​
garri49 [273]

Answer:

Eco-friendly isn't quite so broad. It means that something doesn't harm the planet. But sustainable is the most precisely defined term here, and represents the wide scope of issues and activities that, according to the United Nations, do not compromise the ability of future generations to meet their needs.

6 0
2 years ago
Read 2 more answers
Today, when a customer orders merchandise from an online vendor, the vendor usually sends an immediate order confirmation messag
katen-ka-za [31]

Answer: This second message is a type of <em><u>advanced shipping notice.</u></em>

An advanced shipping notice is referred to as an e-document which is forwarded by the provider to merchant beforehand of a consignment in order to state what to expect in the shipment.

<u><em>Therefore, the correct option in this case is (c).</em></u>

6 0
2 years ago
Jacoby Company received an offer from an exporter for 25,400 units of product at $18 per unit. The acceptance of the offer will
OlgaM077 [116]

Answer:

Differential income from the special order= $127,000

Explanation:

A company should accept a special order where the order generates additional contribution. i.e where the special order sales exceeds all relevant cost.

The relevant cost for decision to accept the special order are  

I Incremental Revenue from the special order  

2. incremental variable cost

Contribution per unit = 18-13=5

Total contribution from special order = contribution per unit × units

                                                      = 5× 25,400=$127,000

Differential income from the special order= $127,000

Note that whether or not the special order is accepted the fixed manufacturing and fixed operating expenses of would be incurred either way. Therefore , they are not relevant for the decision

6 0
3 years ago
The following information for the past year for the Blaine Corporation has been provided:Fixed costs:Manufacturing$ 125, 000$125
natima [27]

Answer:

D. 76.6 %

Explanation:

Contribution Margin Ratio = Contribution / Sales × 100

<em>First Calculate the Contribution</em>

Contribution = Sales - Variable Costs

                     = (60,000 units × $ 12.40) -  ($110,000+$30,000+$34,000)

                     = $744,000 - $174,000

                     = $570,000

<em>Then Calculate Contribution Margin Ratio</em>

Contribution Margin Ratio = $570,000 / $744,000 × 100

                                           = 76.61290

                                           = 76.6 % ( 1 decimal)

5 0
3 years ago
Other questions:
  • "johnson corp, is selling based on marginal cost pricing. if the marginal cost of producing good a is twice that of b, what is t
    15·1 answer
  • If the equilibrium price of solar panels is $200 per panel, but a price ceiling of $150 per panel is imposed, what happens to th
    7·1 answer
  • Which item(s) are tax deductible for consumers who are buying or renting a home?
    9·2 answers
  • ABC Corporation has noticed the following transactions havent been account for in its income statement for the year ended Decemb
    10·1 answer
  • Which of the following is NOT a liability?
    10·2 answers
  • The LIFO inventory cost flow assumes that the cost of the newest goods purchased are: A. assumed to be the first ones sold. B. a
    15·1 answer
  • Results Of<br>Distinguish between Single Entry System and Double Entry System accounts<br><br>​
    7·1 answer
  • On January 1, 2019, the board of directors was considering the distribution of a $63,500 cash dividend. No dividends were paid d
    14·1 answer
  • Five key success factors for a successful business
    6·1 answer
  • Consider a situation where N consumers interact with a monopolist in a market. Half of these consumers (γ 0.5) have low demand,
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!