Use the Appropriate Letter(s)to Indicate If the Following Costs Would

question 107

Essay

Use the appropriate letter(s)to indicate if the following costs would be found on the income statement of a:
A)service company.
B)merchandising company.
C)manufacturing company.
You may use more than one letter for each answer.
____ Revenue
____ Salaries expense
____ Customer service expense
____ Cost of goods manufactured
____ Cost of goods sold

• A)service company.
• B)merchandising company.
• C)manufacturing company.
• You may use more than one letter for each answer.
• ____ Revenue
• ____ Salaries expense
• ____ Customer service expense
• ____ Cost of goods manufactured
• ____ Cost of goods sold

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Definitions:

Normative

Relating to an ideal standard or model, or principles of what is considered right and acceptable behavior.

Presenters

Individuals who deliver presentations or speeches in front of an audience.

Process

A series of actions or steps taken in order to achieve a particular end.

Produce

To create, manufacture, or bring forth goods, services, or results through a process of combining or arranging resources or efforts.