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What else can I help you with?
Is cost of goods sold an operating expense?
Cost of goods sold is opening stock plus purchases of inventories and other carriage costs less closing stock. Cost of sales therefore is not an operating expense...
What are the cost drivers of activity cost budgeting?
Cost drivers are the actual activities due to which costs incurres like machine setup cost. As many time there is machine setup as many times there is machine setup cost to be incurred.
Is heat included in the rent?
Is the cost of heating included in the rent?
What is an expected expense in a budget that remains constant?
An expected expense in a budget that remains constant is called a fixed expense. This means the cost stays the same each month, such as rent or a car payment.
Is gas considered a travel expense?
Yes, gas is considered a travel expense because it is a cost associated with transportation from one place to another.
What is hidden cost?
Expense not normally included in the purchase price of an equipment or machine, such as for maintenance, supplies, training, and upgrades.
In accounting do you depreciate the installation of a fixed asset?
In accounting the "installation" if you are referring to the cost of having something installed is an expense and is recorded as such, that is an operating expense and is recorded as such. Since it is an expense it is not an actual asset, so can not be depreciated.
Is telephone cost a variable cost?
No, telephone expense is an administration expense and administration expenses are not included in product cost so not a variable cost in the sence of product cost.
When should be the cost of product warranty included as an expense?
Just as with any other cost of doing business, When the expense is incurred in the course of production or service then those costs should be included in expenses.
What hot tubs have installation included in the price?
Most of the time the installation is going to be a separate cost, but if you go to the hot tub store you can ask how much the installation will cost and use that to figure out what your budge is for the hot tub. Some hot tub stores will even allow you to negotiate the prices.
How much does it cost to replace a Nissan catalytic converter?
Depends on model and year and condition of exhaust. Replacement converters are as little as $250, installation not included. Add another $250 to $500 for installation.
What does expense mean?
It means it is worth a lot.
Is marketing expense a period cost?
Marketing expense is not a period cost. Typically, marketing expense will be reflected under S&A on the income statement.
What is the cost of 5 ton gibson's air conditioning compressor and Installation labor?
I had one put in about 2 months ago and it cost $1950 installed (tax included) from a reputable company.
Can an expense be defined as variable cost and fixed costs?
depending on if the expense is a recurring is whether or not it can be fixed . most expense are unseen and therefore can not be put in as a fixed cost
Is administrative expense a fixed cost or variable?
Fixed
Is sales commission an expense or cost of sales?
Sales commission is a Cost of sales. But the salary of a sales agent is an expense.
