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svetoff [14.1K]
3 years ago
5

Period costs are the​ ________. A. product costs that must be paid in the accounting period in which they are incurred. B. sam

e as manufacturing overhead costs. C. operating costs that are expensed in the accounting period in which they are incurred. D. costs related to production of products.
Business
1 answer:
-BARSIC- [3]3 years ago
4 0

Answer:

C. operating costs that are expensed in the accounting period in which they are incurred

Explanation:

Non Manufacturing expenses are Period costs. Period Costs are the operating costs that are expensed in the accounting period in which they are incurred. Examples include selling and administrative expenses.

Remember All Manufacturing expenses are Product Costs and are used in Inventory Valuation, Setting Selling Prices and Profit determination.

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What is the diffrence between actual and proposed selling price
Orlov [11]

Actual means the real selling price for the product paid by the customer whereas proposed selling price is the price which was suggested to be set for the product.

4 0
3 years ago
The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ___
gayaneshka [121]
Benefits is the correct answer
3 0
3 years ago
Which of the following describes what the Fed would do to pursue an expansionary monetary​ policy? A. use discount policy to rai
koban [17]

Answer:

Option (B) is correct.

Explanation:

Open market operations is a monetary policy instrument that is used by the Federal reserve for controlling the money supply in an economy. If there is a need to decrease the money supply in an economy then fed sells the government securities to the public and on the other hand if there is a need to increase the money supply in an economy then fed purchases the government securities from the public.

So, here the expansionary policy is to purchases the treasury bills from the public.

7 0
3 years ago
Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out
Reika [66]

Answer:

(3) $3,750,000

Explanation:

The computation of the expect monthly sales to be as high is shown below:

Given that

Sales per month = $300,000

Royalty payments = 8% of sales

So, the expected monthly sales would be

= Sales per month ÷ Royalty payments percentage

= $300,000 ÷ 8%

= $3,750,000

We simply divided the sales per month by the royalty payment percentage i.e 8%

5 0
3 years ago
The minimum feasible​ long-run average cost for firms in a perfectly competitive industry is ​$27 per unit. If every firm in the
Furkat [3]

Answer: Marginal cost is ​$27 and market price is ​$27

Explanation:

In the long run, perfectly competitive industries make zero economic profit. This means therefore that Average cost will be the same as the Market price so Market price will be $27.

Firms in a perfectly competitive industry will produce at a rate where Marginal revenue will equal marginal cost in order to maximise profit.

In a perfectly competitive industry, firms are price takers which means that the Market price is also the same as the Marginal revenue. The Market price will therefore be equal to marginal cost which means that Marginal cost will also be $27.

5 0
3 years ago
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