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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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Luther's Operating Margin for the year ending December 31, 2008 is closest to: Group of answer choices 0.5% 0.7% 5.4% 6.8%
svlad2 [7]

Answer:

the operating margin is 5.4%

Explanation:

The computation of the operating margin is shown below:

As we know that

Operating Margin = Operating Income ÷ Sales

= $31.3 ÷ $578.3

= 5.4%

Hence, the operating margin is 5.4%

It could be determined by dividing the operating income from the sales

3 0
3 years ago
What is the difference between streak and color?
frosja888 [35]
Streak is the color of a minerals powder when it is crushed. Some minerals have a different color powder than their actual color. Every mineral has an inherent streak no matter what color it is. ... Most mineral references don't make a distinction between a white or colorless streak, since the difference is minimal.
4 0
3 years ago
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A __________ is a group of customers who love their brand so much that they like to connect with other customers who think like
jonny [76]
It is a Brand community
8 0
3 years ago
Spicy Dish, a large distributor of canned beans and salsa, is organized into four business units: (1) North America Salsa, (2) N
tatyana61 [14]

The options in this question are missing; here is the missing section:

What two types of departmentalization are illustrated in this example?

A. Product and customer

B. Product and geographical

C. Customer and geographical

D. Functional and customer

E. Geographical and functional

The answer to this question is B. Product and geographical

Explanation:

Departmentalization refers to the creation of departments, units, etc. in businesses to better achieve goals and distribute roles and activities. This can be based on location, products, function, etc.

In the case of Spicy Dish, there is a clear geographical departmentalization because this distributor has created units based on location, due to this, the company has a unit in each major geographical region such as North America, Europe, etc. Moreover, this company has created units based on products because in North America they created two different units and each specializes in one of their products (beans/salsa.)

3 0
4 years ago
LO 3.1A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution m
soldier1979 [14.2K]

Answer:

60%

Explanation:

Contribution margin ratio is calculated by dividing the contribution margin amount by sales.

Contribution margin is sales less variable cost to produce a product.

Sale price                      150

Variable cost                (60)

Contribution margin     90

Contribution margin ratio: 90 / 150 = 60%

4 0
3 years ago
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