COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How much is the selling and administration cost for Client 457?
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RM 980.00
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RM 970.00
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RM 950.00
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RM 990.00
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Explanation:
Detailed explanation-1: -All executive compensation and benefits are considered an administrative expense. Building leases, insurance, subscriptions, utilities, and office supplies may be classified as a general expense or administrative expense.
Detailed explanation-2: -Share. Administration expenses are the costs of paying wages and salaries and providing benefits to non-sales personnel. They are one of three kinds of expense that make up a company’s operating expenses. The others are selling and general expenses.
Detailed explanation-3: -How to calculate G&A expenses as a percentage of revenue? It is calculated by dividing General & Administrative expenses by total revenue earned by the company.
There is 1 question to complete.