Answer:
Its "Customers get a new piece of jewelry every three months.
Explanation:
The first option, never tells what the customer gets in return.
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B/ <span>Cost of repainting the kitchen before moving in</span>
The definition that is not correct is that Leverage: using other people's money.
<h3>What is leverage?</h3>
When it comes to property, using leverage means borrowing money from a bank or financial institution.
Leverage is therefore not a simple matter of using other people's money, but rather using complex loan instruments from institutions.
Find out more on property mortgage at brainly.com/question/22598793.
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Answer:
COGS = $156800 ; Opereating Expenses = $223500 ; Gross Profit = $125300
Explanation:
COGS is direct manufacturing/ production expenses on goods produced. Operating Expenses includes all expenses (direct manufacturing & indirect sale expenses). Gross Profit is the excess of Net Sales over COGS
Cost of Goods Sold = Opening Stock + Net Purchases + Direct Expenses - Closing Stock
= 0+ [Wood purchases +Account Payable (credit purchase)] + [stain + labour costs (mantainence and carpenters) + factory utility costs+ manfacturing overhead] + 0
= 57800 +7100 + 12700 + 21300 + 36900 + 11200 + 9800
= 156800
Gross Profit = Net Sales - COGS
= [Sales Revenue + Accounts Receivables] - COGS
= 255000 + 27100 - 156800
= 125300
Opereating Expenses = Direct Expenses + Indirect Expenses
= [Wood purchases +Account Payable (credit purchase)+ stain + labour costs (mantainence and carpenters) + factory utility costs+ manfacturing overhead] + [Staff Salaries & Wages + Administrative Rent & Utilities + Marketing Costs]
= 57800 +7100 + 12700 + 21300 + 36900 + 11200 + 9800 + 37400 + 12000 + 17300
= 223500
{COGS is direct manufacturing/ production expenses on goods produced} {Opereating Expenses includes all expenses (direct manufacturing & indirect sale expenses)}
{Gross Profit is the excess of Net Sales over COGS
