A Factory Janitor's Wages Would Be Classified as ________ When

question 236

Multiple Choice

A factory janitor's wages would be classified as ________ when determining the cost of a manufactured product.

• A)an indirect cost
• B)a direct cost
• C)a period cost
• D)none of the above

Be acquainted with web design elements like banners and hyperlinks for effective website navigation and appearance.

Recognize the importance of website analytics in improving web traffic and design.

Understand the process of transferring website files from a local to a remote server.

Appreciate the significance of XML in data sharing across applications.

---

Definitions:

Net Credit Sales

The total revenue from sales made on credit minus any returns or allowances, reflecting the actual credit sales generated and collected by a business.

Uncollectible

Refers to debts that have been deemed uncollectible from debtors, often written off as a loss by the business.

Income Statement Approach

A method for preparing the bad debt expense by estimating the amount of accounts receivable that will not be collected and adjusting the allowance for doubtful accounts accordingly.

Bad Debts Expense

The cost associated with accounts receivable that a company does not expect to collect due to customer default.