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Alinara [238K]
3 years ago
9

What is the difference between SG&A costs and Indirect costs?

Business
1 answer:
nlexa [21]3 years ago
6 0

SG&A is an initialism used in accounting to refer to Selling, General and Administrative Expenses, which is a major non-production cost presented in an income statement.

Indirect costs are costs that are not directly accountable to a cost object. Indirect costs may be either fixed or variable. Indirect costs include administration, personnel and security costs. These are those costs which are not directly related to production. Some indirect costs may be overhead.

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Your firm’s biggest client is coming to town today. You have been assigned the important task of showing him the town and being
melisa1 [442]

Answer:

Ethical dilemma

Explanation:

This scenario causes a situation of ethical dilemma or also known as ethical paradoxes or moral dilemma. In ethical dilemma both the available choices are wrong and are conflicting with each other the decision between right and wrong is ethics, but when such a situation arises the decision is to be taken by the person facing this ethical dilemma and his/her actions solely depends on the moral choices of the person and his/her views about ethics.

3 0
3 years ago
Last​ weekend, Bob attended the university football game. At the opening​ kickoff, the crowd stood up. Bob therefore had to stan
Tatiana [17]

Answer:

a non-cooperative game strategy, where participants independently choose their strategy to maximize their payoffs.

Explanation:

From the question, we are informed about Bob, who attended the university football game last week . At the opening​ kickoff, the crowd stood up. Bob therefore had to stand up as well to see the game. In this​ case, Bob was participating in a non-cooperative game of​ strategy, where participants collectively choose their strategy to maximize their joint payoffs. Non-cooperative game strategy can be regarded as the rational ways economic agent relate with each other so that their goals can be achieved. In this game both the available strategies as well as the outcome from various choices will be listed.

6 0
3 years ago
Production and sales estimates for March for the Robin Co. are as follows:Estimated inventory (units), March 1 18,000Desired inv
VladimirAG [237]

Answer:

No of units manufactured = No. of units sold + Closing units - Opening units

= 24000 + 21600 - 18000= 27600

Total selling expenses for february:

1. Sales commission = $ 700000 * 5% = $ 35000

Sales manager salary = $ 96000

Advertisement = $ 90000

Shipping charges = $ 14000

Misc selling expenses = $ 2500 + $ 3500 = $ 6000

Total selling expenses = $ 6000 +$ 14000 $ 90000 + $ 96000 + $ 35000 = $ 241000

Explanation:

3 0
3 years ago
You have a better chance at success in the business world when your interests and personality match the career choice.
zalisa [80]

That statement is true

When your interest and personality match the business, you would most likely would enjoy what you do in the business. When this happen, you would most likely put more work hours since you fell little to no boredom in doing your job, which would improve your success rate.

6 0
3 years ago
Implicit costs are: a. Regarded as costs by accountants, but not economists. b. Payments that a firm makes to other firms or ind
Delvig [45]

Answer: Option C

Explanation: Implicit cost or opportunity cost is the loss of profit from best alternative that is foregone. It is the cost directly paid by the individual himself rather than paying it to others as in case of explicit costs.

Implicit costs are not deducted while calculating accounting profit but they are when calculating economic profit. These costs usually remain fixed as the alternative has been rejected already.

So, from the above we can conclude that option C is correct.

3 0
3 years ago
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