Answer:
Marketing brochure for the company’s new product
Explanation:
As we know that
Gross profit is a difference between sales and the cost of goods sold
In mathematically,
Gross profit = Sales revenue - cost of goods sold
The cost of goods sold includes the cost related to the material, direct labor, manufacturing overhead, etc
Moreover, it consist of wages of factory workers, maintenance cost
Therefore the marketing brochure is not included in the gross profit as it used to display the company products to the customers
Answer:
A) $279,200
Explanation:
September sale: 302,000, 80% paid on credit which is = 80% x 302,000 = 241,600, of which 50% are collected in the following month (October), which is equal to 241,600 x 50% = $120,800
October sale = 264,000
20% paid on cash, which is = 20% x 264,000 = 52,800
80% paid on credit and 50% of which is collected in the month of sale (October) = 80% x 50% x 264,000 = $105,600
Total cash collections for October = 120,800 + 52,800 + 105,600 = $279,200
Supervisor Hadley has suspended an employee covered by a typical labor agreement. In a grievance hearing, Hadley will be called upon to demonstrate just
cause supporting the suspension.
An employer is an institution or someone that employs
workers.
Employers provide salary or wages to their employees in exchange for their
employee’s work.
First find the amount of direct labor cost by subtracting the amount of indirect labor cost from the amount of factory labor cost
Direct labor cost is
600,000−140,000=460,000
The amount of overhead debited to work in process inventory should be
460,000×0.7=322,000
Answer 322000
To provide a place for people to trade goods and services
