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Is the promotion expenses for a certain slow moving item can be add to the cost of sales of this item ? This answer is not an answer but another (totally different) question. The question I need answered is: "Can an officer's salary be considered a cost of goods sold?"
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Is a salesman's salary considered a fixed or variable cost?
variable
Is a supervisor's salary a fixed or variable cost?
A supervisor's salary typically is considered a fixed cost. The salary of a supervisor typically would not be variable, unless there were other things involved, such as bonus pay.
A fixed cost that would be considered a direct cost is a cost accountant's salary when the cost objective is a unit of product?
a. A Store Manager's salary when the cost object is a unit of product b. An Auditor's Salary when the cost object is the Audit Department c. The Director's fees when the cost object is the Production Department d. A Production supervisor's Salary when the cost object is the Stores dept
Is accounting staff salary a period cost or a product cost?
Accounting staff are considered executive costs which would be a period cost.
Is a company president considered indirect labor?
No. A companies president salary is a period cost.
Cost of goods sold in cost accounting?
Cost of goods sold.
115000 yearly salary considered good?
A salary of $115,000 a year is considered a good income in many parts of the world, as it places individuals in the upper middle class bracket. However, the perception of what constitutes a "good" salary can vary depending on factors such as location, cost of living, and personal financial goals. It is important to consider individual circumstances when determining if a salary is good for you.
What kind of cost is in cost of goods soles?
COGS (Cost of Goods Sold) is a Material Cost.
What is the difference between cost of goods manufactured and cost of goods sold?
How do you calculate cost of goods sold for a manufacture company
Are cost of goods available for sale the same as cost of goods manufactured?
No, because cost of goods manufactured is part of the first. Cost of goods available for sale also includes purchases
Is salary an administrative expense?
"If selling personnals have received the salary then it is selling expense but generally it is considered as administration expense." Nonprofits are often concerned with distinguishing between program (direct) and administrative (indirect) expense. In general, salaries of program staff are considered a direct expense of that program. Salaries for administrative staff who don't have direct service functions are considered indirect. Some administrative staff may also do direct service and in that case, their salaries may be divided based on the proportion of direct and indirect work they complete.
What is the difference between cost of good sold and cost of good sold statement?
Cost of goods sold is the total cost incurred for goods manufacturing while cost of goods sold statement is the document which shows the calculation of cost of goods sold.
