Answer:
see below
Explanation:
Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost, accounts adjustments, and other non-recurring costs.
Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries, employee benefits, transport, depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.
Answer:
a.Perishable items must have an actual physical flow of FIFO
Explanation:
- Cost flow estimates are required to determine the cost of goods sold and to end inventory. Companies make some ump habits about what goods are sold and what items are listed (as a result of various accounting methods).
- Financial reporting and tax benefits and the actual movement of goods are not required to be accepted
- The continuous inventory system may have different end inventory and COGS yields compared to the periodic inventory system due to LIFO's calculation time and weighted average cost flow estimates.
- Reducing or exceeding the lower price of goods sold when prices fall or rise
<span>What is meant by Purchasing Power Parity (PPP)? D. The exchange rate that equalizes the prices of internationally traded goods across countries. The PPP is an economic theory that refers to a basket of goods approach, meaning, that </span>when two or more countries price a basket of goods the same way, there is an equilibrium. Exchange rates in this situation are equal in all participating countries.
Answer:
Beta Testing Process
Explanation:
Based on the information provided within the question it can be said that firms such as YouEye are automating the Beta testing process. This is the process in which a firm provides an unfinished version of the product they are working on to real customers in order for those customers to provide their feedback on the product. Which by being able to use customers already owned webcams to both test their software and receive video feedback, they are automating the beta testing process.
Answer:
The correct answer is $15.69.
Explanation:
According to the scenario, computation of the given data as follow:-
We can calculate the cupcake sold by the dozen by using following formula:-
Cost for a dozen cupcake = Direct material + Direct labor + Factory OH
Where,
Direct material = 4.25 × $0.56 = $2.38
Direct labor = 1.10 × $8.30 = $9.13
Factory overhead = 1.10 × $3.80 = $4.18
By putting the value in the formula, we get
= $2.38 + $9.13 + $4.18
= $15.69