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8. The income statements for both merchandisers and manufacturers would include which of the following? A)...

8. The income statements for both merchandisers and manufacturers would include which of the following?

A) operating expenses

B) Direct labor incurred

C) Direct materials used

D) cost of goods manufactured

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Answer #1

Answer : A) operating Expenses

The Major Difference Between the Manufacturing and the Merchandisers .Manufactures produce the Goods wheres as the Merchandisers Purchse the goods for the resale , not involves in Manufacturing the Product . So it Doesn't Included Direct labor, Direct Material and Cost of Goods Manufactured in Income Statement.

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