Answer: Inventories and cost of goods sold.
Explanation:
Standard costing is used in accounting and it simply has to do with the substitution of the cost that's expected for a product with an actual cost when preparing financial statements.
The difference that's then between the actual costs and expected costs are then recorded as variance. It should also be noted that when a company prepares financial statements using standard costing, the items that are reported at standard cost will be Inventories and the cost of goods sold.
The role of campaign manager is to oversee a campaign organization. He is responsible for coordinating the operations and activities of the campaign on day to day basis, and the activities that indirectly or directly support the campaign. He manages the activities and makes the campaign effective. His responsibilities include management of staff, coordination with the candidates, looking after campaign budget.
Answer: Forward Integration
Explanation:
Forward integration is a process where a company takes over the control of another company that is further along in the value chain so that it might be able to sell or distribute is goods more effectively. For example, an oil company taking over a petroleum products company.
In this scenario, the Brazilian company purchased a huge part of a company further along in distribution in order to facilitate better sales so this is forward integration.
At least 20% should go to ur savongs
The amount that Cere should report as income tax expense is $84,000.
Income tax expense refers to the amount of taxes owed by a person to the taxing authority.
- The Formula for Income tax expense is Taxable income * Effective tax rate.
<u>Given Information</u>
Taxable income = $280,000
Effective Tax rate = 30%
Income tax expense = $280,000 * 30%
Income tax expense = $84,000
Therefore, the amount that Cere should report as income tax expense is $84,000.
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