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Is Freight out Cost of goods sold or selling exp?

Freight out is typically classified as a selling expense. It includes the cost of shipping goods to customers and is directly related to the sales process. Cost of goods sold, on the other hand, includes the direct production costs of goods sold, such as materials, labor, and overhead expenses.


Is Direct Cost an Expense?

Yes direct costs are expense when they are occurred and benefit of which are taken by company.


Is direct material a selling cost?

is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , variable cost, is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , variable cost,


Is interest expense a Direct Cost?

Interest expense is not a direct cost because it is not used to manufacture the products rather it is paid to acquire the capital.


How do you calculate Direct Margin as a percentage?

(selling price - direct cost)/selling price = direct margin


Is advertising expense direct or indirect cost?

indirect


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.


Is the direct expense part of prime cost?

yes it is part of the prime cost


What are the components of prime cost?

Direct labor and direct materials are the two main components of prime cost. Another component of prime cost is direct expense.


Depreciation expense of building is a administrative expense or a selling expense?

selling expense


If the total revenue is 3000 cost of goods is 1500 and total selling expense is 500 what is the profit for the business?

If total revenue is 3000, the cost of goods is 1500, and total selling expense is 500 then the profit made is 1000.


Who manufactures instruments for testing of acetaldehyde in PET raw materials?

Cost classifications Knoblauch, Inc., manufactures rugby jerseys for collegiate sports teams and sells its merchandise through university bookstores. Required: Raw material Direct labor Variable manufacturin overhead Fixed manufacturing overhead Fixed administrative expense Fixed indirect selling expense Variable direct selling