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3 years ago

Which of the following is true?

Business

1 answer:

shepuryov [24]3 years ago

5 0

Answer:

The correct answer is letter "A": Overhead costs are often affected by many issues and are frequently too complex to be explained by any one factor.

Explanation:

Overhead is an accounting term used for costs that must be paid, even though the company receives no profits. A company would not be able to survive without paying its overhead expenses but the costs are not connected directly to a product or service being generated. Examples of overhead costs are rent, utilities, office supplies, and maintenance.

Overhead costs are difficult to be traced because they can be assigned to more than one factor.

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Why should good investing be boring?

xenn [34]

Answer:

Good investing should be backed by history and science as opposed to over-ambitious, loophole-filled plots.

Explanation:

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2 years ago

The six steps for recording a business transaction in the general journal are shown below, out of order. In your working papers

GREYUIT [131]

Answer:

The answer is "Option D, F, E, B, A, and C".

Explanation:

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3 years ago

Identify and explain the four primary types of taxes that businesses pay

DENIUS [597]

Answer

Hi,

They are; income tax, self-employment tax, employment tax and Excise tax

Explanation

All businesses are expected to file income tax return on yearly basis. Some pay taxes as they earn the income. The self-employment tax is imposed to contribute to social security and health care cover for a person who works for him or herself. Employment taxes are a mandatory to employers who are required to pay it to cover social security and healthcare taxes and federal unemployment tax for the workers. Some businesses are levied excise tax depending on the goods sold or manufactured, the type of business operation and the type of equipment and products used.

Best wishes!

3 0

3 years ago

Not ah question but add : adore.aaliyahh_

Step2247 [10]

is this ur sn8pchat or what

4 0

3 years ago

Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $

olga_2 [115]

Answer:

Cost of goods manufactured= $87100

Explanation

Total manufacturing cost is the aggregate amount of cost incurred by a business to produce goods in a reporting period.

Generally accepted accounting principles require that the cost of goods sold shall consist of:

the cost of direct materials

the cost of direct labor

the cost of manufacturing overhead

Expenses that are outside of the manufacturing facilities, such as selling, general and administrative expenses, are not product costs. They are reported as expenses on the income statement in the accounting period in which they occur.

In this exercise:

Cost of goods manufactured:

Direct materials= $56,000

Direct Labor=$15,600

Factory overhead=Factory supervisor salary+ Depreciation expense+Indirect materials= 10,000 +3,700+1,800= $15,500

Total= $87100

Note: Salesperson commissions and Depreciation expense Delivery equipment are not included in factory overhead

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3 years ago