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3 years ago

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

1 answer:

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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MEMORANDUM TO: Human Resources Director FROM: Mark Taylor, Department Head SUBJECT: Promotions of Margaret Adams and Beth Taylor

emmasim [6.3K]

In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.

<h3>What is promotion in an office?</h3>

The act of getting promoted is one that connote that a person have step into a leadership position.

Note that the more people, that person will have to be responsible for, and also more jobs goes with it and it is vital that your communication skills will be sharpened.

Note that since promotion will require more time which both individuals are not willing to give, so therefore, In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.

Learn more about Promotion from

brainly.com/question/11131986

#SPJ1

4 0

2 years ago

Given the following data: Beginning raw materials inventory $30,000 Materials purchased 65,000 Ending raw materials inventory 40

Andrews [41]

Answer:

Option "b"$55000 is correct.

Explanation:

Below is the given values:

Starting raw material = $30000

Pruchased material = $65000

Raw material at the end = 40000

Now calculate the raw material used:

Raw material used = Starting raw material + purchases - ending raw material

Raw material used = 30000 + 65000 - 40000

Raw material used = 95000 - 4000

Raw material used = $55000

Thus option "b"$55000 is correct.

4 0

3 years ago

Two ways in which entrepreneurship can help to combat unemployment and improve the economy of south africa

zmey [24]

<span>One is through innovation. New innovation meant new jobs for the nation. One example is Bheki Kunene, a young entrepreneur of South Africa. At age 27, he founded Mind Trix Media providing jobs and a profit. Next is it improves economy by being able to partner with big companies in the other countries.</span>

5 0

3 years ago

For any given price, a firm in a competitive market will maximize profit by selecting the level of output at which price interse

KonstantinChe [14]

Answer:

The answer is C

Explanation:

To maximize profits in a perfectly competitive market, firms or businesses' marginal revenue must equal to marginal cost (MR=MC).

Also price must equate marginal cost(which is the additional cost incurred in the production of one more unit of a good)

In perfect competition, P = MC = MR.

But in monopolistic Competition or monopoly P > MC

5 0

3 years ago

Read 2 more answers

As we use more and more of a product, we encounter ______________________.

Ne4ueva [31]

As we use much more of a product, we experience a diminishing marginal utility.

<u>Explanation: </u>

The Law of Marginal Benefit Declining says that somehow the marginal use of each extra unit declining rises as consumption. The limited utility is generated as the utility shift is absorbed by a supplementary unit. Utility is an economic principle used to describe pleasure or satisfaction.

For example, a person may purchase a certain brand of chocolate for a little while. Soon, they may buy too little and choose another type of chocolate or buy cookies alternatively, because the fulfilment they initially received from chocolate is declining.

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3 years ago