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- Working Capital is needed for which of the following purposes a. Purchase of raw materials and spares b. Payment of wages and salary c. Day-to-day expenses d. Provide credit obligations e. All of the abovewhy service industry involve operating expenses and retail industry involve operating expenses and cost of goods sold?COMPUTE THE COST OF GOODS SOLD HOW TO ARRIVE AT THE NET INCOME IF A CORPORATION IS A MANUFACTURING CONCERN?
- Please solve this MCQs How would property taxes paid on a factory building be classified in a manufacturing company? Variable, period cost. Fixed, product cost. Fixed, period cost. Variable, product cost.what is production cost? what is tangible assets? what is operating expenses? what is cost of goods sold?Please illustrate how to calculated rent factory building, thanks
- Which can be considered a product cost in a manufacturing company? - corporate tax -sales commissions - property rate -equipment depreciationHow do you compute the cost of goods manufactured?Discuss the difference between revenue and capital expenditures using examples as the concepts might be applied to an engineering firm compared to an automoble manufacturer.
