The largest expense of most manufacturing firms is? a. Salaries Expense b. Amortization Expense c. Rent Expense d. Cost of Goods Sold
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The largest expense of most manufacturing firms is?
a. Salaries Expense
b. Amortization Expense
c. Rent Expense
d. Cost of Goods Sold
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- Current Cost Concept - Measurement of Elements Why is Accounts Payable one of the elements that is normally presented at current cost? Please explain.How much is the cost of goods manufactured? ANSWER IN GOOD ACCOUNTING FORM. THANK YOU :)what is production cost? what is tangible assets? what is operating expenses? what is cost of goods sold?
- A product cost is: A.Shown on the income statement with operating expenses B. Expensed in the period the product is sold C. Expensed in the period in which it incurred D. Shown with current liabilities on the balance sheetWhich one of the following is a fixed cost? a. Raw material costs b. Salary with commission c. Amortization d. Labour costs1. How much is the raw materials used in production? 2. How much is the total manufacturing cost? 3. How much is the cost of goods manufactured? 4. How much is the cost of good sold? 5. How much is the gross income?
- Which of the following income is considered while preparing cost sheet? O a. Interest received O b. Sale proceeds of factory scrap C.Discount received O d. Dividend receivedProperty taxes on a company’s factory building would be classified as a(n): a. Product cost b. Opportunity cost c. Period cost d. Variable cost e. Administrative cost f. Selling costWorking capital required for the business is equal to Operating Expenses Raw Material and Finished Goods Stock Raw Material, WIP, Finished Goods, Receivables less payables Receivables