How can month end sales skew be corrected?
Calculated generally once a month, it means MAT Sales June 2010 will include sales from 1st July 2009 to 30th June 2010 and MAT sales July 2010 will consist of sales from August 2009 to July 2010. at the end of every month, you add the sales of that month and drop the corresponding sales of the same month in the previous year. The MAT sales removes the seasonal variations from comparisons and thus make…
Rent expense is considered an overhead cost, not a cost of sales since it does not directly relate to the merchandise you are selling. Any prepaid rent (such as at the beginning of the month) should receive a journal entry debit to an account called prepaid rent, and at the end of the month should be credited to rent expense. Hope this helps.
When a business or organisation sets a set target profit which they expect to acheive by the end of a month, quarter or year. For Example: An organisation such as a car dealership will set this as a target to their sales team to sell a set ammount of cars that month to enable them to reach their target profit This can be checked out by recording the sales and looking at a cashflow forecast.
Health insurance generally is sold in month units. Very few plans will end a plan in mid-month. So, if you were to quit your job on the first day of the month, your insurance will last until the end of that month. If you quit on the last day of the month, it could end that day. It ends at the end of the month whenyou have your last day as an "active employee."
You can usually only find clearance sales on the end of the season, so for patio furniture this would be at the end of the summer, possibly a month or two later. This means that there are currently no clearence sales going on. However, if you want something really cheap you should look for styles that are discontinued, they are usually cheaper.