0
If the question is "Should utilities such as power and phone be accounted for through Cost of Goods Sold?" the answer is no. Utilities are an expense.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How cost of goods sold in the service industry is calculated?
COGS in the service industry will be the cost of the persons or machines directly applying the service. The accounts affected will most likely be salaries and depreciation. Other items like electricity to run the machines and helpers to the main human service providers will usually be classified as operating expenses (because the are indirect or overhead) which is after COGS is calculated on the income statement to arrive at the net profit. For my service company, my contractors are my COGS while my three employees are classified as just payroll expenses AFTER the gross income. You really have to decipher your direct and indirect costs to achieve a sale to determine which were the COGS that actually provided the service and which are just the operating expenses for the whole good of the company.
Fiscal federalism refers to?
Expenditure of Federal funds on programs run in part through state and local governments
What is a net use of cash?
Say that you run a business, and at the end of last week you had taken in a total of $20,000. This is not your net. The $20,000 is your gross income. You aren't free to take all that money and spend it any way you like. You may have business rent to pay, utilities, equipment and supplies costs, and a payroll to meet. After paying all of your obligations out of the gross amount, what you have left is the net.
Are adoptions funded by tax dollars?
Adoption agencies are run through state offices and are funded by state federal money which means yes tax dollars.
How do you know an American Express card is not fraudulent?
If it is your card, you know it is yours since you applied for it and received it. If it is not your card but you are running the card through as part of a transaction, the card machine will tell you if the card is valid. If you have stolen the card and are wondering if it is still working, you should run backwards into highway traffic and ask the first person who runs you over.
What should you do after powering off the computer?
You should let it run disk utilities when it comes on. If you cannot get into it, you might need to run a repair install of Windows.
What utilities do I need to use to fix run time errors on my computer?
It depends on what type of run time error you are getting. Some can be fixed with just a few clicks through your computer.
Can you run windows on a mac?
Yes. Use the Boot Camp assistant in the Utilities folder (within the Applications folder) to guide you through a Windows installation.
How should you run?
you should run by * going at your own pace *breathe in through your nose and out through your mouth hope that helps(:
Why are software utilities needed?
Free system utilities will allow a person to run scans on their computer to find out what viruses or other problems may be wrong with their computer. Generally these utilities are free to run the scan, but in order to fix the problem they may need to be purchased.
What is the difference between unix command and utilities?
Utilities are programs that can run or execute. Commands are slightly different than utilities. Command refers to the name of the program and any arguments you specify to that program to change its behavior.
What are utilities?
The word utilities has several different meanings, depending on context.Public utilities are the companies or agencies that provide electricity, water, sewer, gas, etc.Software utilities make using the computer easier. They help application software run on the operating system without errors.
What kind of damage can be caused to trans axle driven without fluid?
The cogs and bearings inside can seize and/or run hot and lose their surface treatment.
You are driving through a tunnel What if your vehicle catches fire What should you do?
Get out and run
What should a girl do while being eaten out?
She should moan and she should pull you closer and run her fingers through your hair
How do you run a pkg program?
files with the extension .pkg are usually installers. If you have the installer utility on your mac (which you should because it comes with it) you should be able to just open the .pkg by double clicking and it will launch the installer, or by going to Applications -> Utilities -> Installer and selecting it.
Were do you find tailow in ruby?
it should be near the start just run through grass and u should find it
