Which terms below correctly describe the cost sales commissions paid to the sales staff of the...

Question

Question

Which terms below correctly describe the cost sales commissions paid to the sales staff of the local bakery? Variable Cost Pe

Answer 1

Answer #1

Answer- The terms below correctly describe the cost sales commissions paid to the sales staff of the local bakery = Choice C.

Explanation- Sales commissions paid to the sales staff of the local bakery-

Variable cost = Yes

Period cost = Yes

Conversion cost = No

Product cost = No

Answer 2

Similar Homework Help Questions

Which terms below correctly describe the cost of wages used in the assembly of automobiles? Choice...

Which terms below correctly describe the cost of wages used in the assembly of automobiles? Choice A Choice B Choice C Choice D Conversion Cost No Yes No Yes Prime Cost Yes Yes Yes No Product Cost Yes Yes Yes Yes Variable Cost No Yes No Yes A. Choice B B. Choice C OC. Choice A OD. Choice D
Which of the following choices denotes the typical cost behavior of advertising and sales commissions? Advertising...

Which of the following choices denotes the typical cost behavior of advertising and sales commissions? Advertising Sales Commissions Variable Variable А. Variable в. Fixed Fixed с. Variable Fixed D. Fixed Semivariable Е. Variable Vi Multiple Choice E Choice A Choice B Choice C Lu i
34. Which of the following is part of factory overhead cost? a. sales commissions b. depreciation of f...

34. Which of the following is part of factory overhead cost? a. sales commissions b. depreciation of factory equipment and machines c. depreciation of sales person's vehicle d. direct materials used ANSWER: b 35. Which of the following manufacturing costs is an indirect cost of producing a product? a. oil lubricants used for factory machinery b. commissions for sales personnel c. hourly wages of an assembly worker d. memory chips for a microcomputer manufacturer 36. All of the following could...

Which two terms below describe the wages paid to security guards that monitor a factory 24...

Which two terms below describe the wages paid to security guards that monitor a factory 24 hours a day? variable cost and direct cost fixed cost and indirect cost fixed cost and direct cost variable cost and indirect cost
Which two terms below describe the wages paid to security guards that monitor a factory 24...

Which two terms below describe the wages paid to security guards that monitor a factory 24 hours a day? variable cost and direct cost fixed cost and indirect cost fixed cost and direct cost variable cost and indirect cost
Required: Using the table below as a reference, describe whether the following costs incurred in a...

Required: Using the table below as a reference, describe whether the following costs incurred in a manufacturing company are (a) fixed or variable and (b) product costs or period costs. The first cost item is presented in the table as an example. Cost Item Fixed Variable Product Period 0 Annual audit and tax return fees X X 1 Costs (other than food) of running the cafeteria for factory personnel 2 Direct materials used 3 Clerical staff in administrative offices 4...

The cost of carrots used in the production of carrot soup are classified as: Conversion Cost...

The cost of carrots used in the production of carrot soup are classified as: Conversion Cost Prime Cost Product Cost Choice A No Yes Yes Choice B Yes No Choice C Yes Choice D Yes No Yes No Yes Yes Variable Cost No No Yes Yes O A. Choice A OB. Choice D O C. Choice B OD. Choice C
3. Which of the following would not be used to describe direct labour? a) Conversion cost...

3. Which of the following would not be used to describe direct labour? a) Conversion cost b) Period cost c) Prime cost d) Variable cost
Which of the following items do not have to be capitalized? A Commissions paid to obtain...

Which of the following items do not have to be capitalized? A Commissions paid to obtain a business loan. B Cost of obtaining a business license that's renewable for an indefinite period. C Costs of acquiring customer lists. D Costs of removing old depreciable assets in order to install new replacement assets.

Cost Behavior Steph's Ice Cream, Inc, makes and sells ice cream. Listed below are selected cost...

Cost Behavior Steph's Ice Cream, Inc, makes and sells ice cream. Listed below are selected cost items for the ice cream production. Classify each cost as either fixed or variable, and either a product or a period cost by placing an x in the appropriate boxes. Cost by behavior Cost by function Variable Fixed Product Period Sugar for ice cream.. Mixing labor. Factory property taxes. HR staff salaries.. Accounting office rent. Sales manager's salary. Depreciation on factory equipment. Sales commissions.