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What are two categories of expenses in merchandising companies?
C.O.G.S. (Costs of Goods Sold) and Operating Expenses.
Are variable costs included in operating costs?
Variable operating costs + fixed operating costs = total operating costs.
What costs are relevant in the decision to shut down the Clayton facility?
Which Costs Are Relevant In The Decision To Shut Down The Clayton Facility
What is the non crash cost of driving?
The noncrash costs of driving include operating costs, fixed costs, and environmental costs. Operating costs include: gas, oil, and tires. The more you drive, the greater your operating costs. Fixed costs include: the purchas price of the vehicle, insurance, and licensing fees.
The importance of start up costs and operating costs?
nothing
What are Some sentence for operating costs?
Operating costs must be taken into account when a company's balance sheet is being produced.
Profit is calculated by subtracting costs from?
Profit is calculated by subtracting operating costs from gross revenues.
When a business is calculating its operating costs what must it include?
Variable costs.
When a business is calculating its operating costs it must include .?
Variable costs.
Two categories of expenses for merchandising companies are?
C.O.G.S. (Costs of Goods Sold) and Operating Expenses.The normal operating cycle of a service company includes the following steps :1. Perform services. 2. Accounts Receivable 3. Get cashThere are no goods involved. Only a service has to be performed,...
Which of these defines the term "expenses"?
the costs of operating
Why did it make sense for big corporations to continue operating during poor economic times?
their operating costs were so small compared to their fixed costs
