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RoseWind [281]
3 years ago
5

The expense that a manufacturing firm Incurs in the form of wages to its labor falls under the category of Reset Next​

Business
1 answer:
Korolek [52]3 years ago
5 0

Answer:

Cost of Goods Sold( COGS)

Explanation:

Costs of goods sold ( COGS)or cost of sales is the expense incurred in manufacturing goods sold in a period. COGS is composed of the direct cost incurred in manufacturing goods sold by a business. The direct cost includes direct materials, labor, and direct overhead costs. Direct labor is the total of wages and salaries paid to workers involved directly in the production process.

Calculation of the cost of goods sold involves adding beginning inventory to purchases and subtracting the ending inventory.

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Indicate which activities of Stockton Corporation violated the rights of a stockholder who owned one share of common stock. (You
Vlada [557]

Answer and Explanation:

The explanation is as follows;

a. In this, the corporation has violated the right to sell off the stock.

b. Here no rights of the shareholder would be violated as the stockholder do not have the interfere right

c. Here the right is violated with respect to the purchase their proportional common stock share prior made available to the public

d. Here also the right is violated for receiving the timely financial reports

e. Here no rights of the stockholder is  violated because the common stockholder is paid at the last when the creditors payment has been done

6 0
3 years ago
14. Which is most likely to happen when the price for a good or service is
sukhopar [10]

When the price for a good or service is high then supply increases.

Price is the sum that the producer receives for each unit of an item or service that is sold. A rise in price nearly always results in a rise in the amount of that good or service supplied, whereas a fall in price results in a fall in the amount supplied.

The widespread consensus is that demand slopes downward because customers buy less when prices are greater. The price at which supply and demand are equal is represented by the intersection of the two curves as the market-clearing price.

When a good's price is higher than equilibrium, this indicates that there is more supply of the good than demand for it. The product is available in excess on the market.

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3 0
2 years ago
Question 3: what is the total period cost for the month under variable costing?
lesantik [10]

beneath the variable costing technique, all promoting and administrative (constant and variable) fees and glued production overhead is taken into consideration as part of the total period fee. hence, the whole length cost for the month beneath variable costing is $344,000.

underneath variable costing, fixed production overhead is handled as a period price and is charged in complete towards the modern length's profits. 7-2 promoting and administrative charges are dealt with as duration costs underneath both variable costing and absorption costing.

General period expenses encompass any prices that aren't at once related to product production. prison expenses, income commissions, and office components are considered length expenses and have to be recorded as expenses on the balance sheet.

length prices are fees that can't be capitalized on a company's balance sheet. In different phrases, they're expensed in the period incurred and appear at the profits statement. duration fees are also known as length fees.

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5 0
2 years ago
1,how do you characterize international dimension of legal business environment?
aivan3 [116]

One of the ways to characterize international dimension of legal business environment is to:

  • b,explain the relevance of each factors and the interplays with the international business activities.

<h3>What are Legal Business Dimensions?</h3>

This refers to the different parts of the legal business system which are contained in a law firm and they can be divided into:

  • Civil law
  • Property law
  • Litigation
  • Environmental law, etc

With this in mind, we can see that these different dimensions of the legal business environment are important to the international business activities and as such they all need each other to properly function.

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6 0
3 years ago
On behalf of a general partnership that operates an appliance store, a partner, Locke, contracts to buy 15 stoves from Gage. Unk
Luba_88 [7]

Answer:

D) win, because locke had apparent authority to bind the partnership.

Explanation:

Apparent authority refers to an an agent (in this case Locke) that has the power to act on behalf of a principal (the partnership), even though that power has not been expressly granted. The principal's conduct must imply that it has granted that power to the agent in order for a third party to reasonably believe it.

In this case Locke is a partner, so he is part owner of the partnership, that is why Gage reasonably believed that he had the power to place the order. Usually if the agent (Locke) had apparent authority, the principal (the partnership) will be liable for his actions.

3 0
3 years ago
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