Another term for product cost is
a. period cost.
b. direct cost.
c. value-adding cost.
d. inventoriable cost.
D
You might also like to view...
In high-technology companies, there is an inordinate focus on the technology and product features rather than the customer and the benefits sought because:
A) products sell better with focus on technology than with focus on customers. B) high-technology companies are usually founded and run by engineers. C) these companies invest huge amounts in innovation and have the ability to create entire product classes. D) they believe that customers are not aware of the technological innovations that they are capable of.
Which one of the following methods dominates public relations research?
A. Secondary analysis of data D. Formal B. Informal E. Content analysis C. Survey
Most industrial products are distributed through which of the following channels?
a. producer to industrial user b. producer to wholesaler to consumer c. producer to wholesaler to industrial user d. producer to wholesaler to retailer to industrial user e. producer to agent to wholesaler to retailer to industrial user
Rebecca and Brad are married and will file jointly. Rebecca earns $300,000 from her single-member LLC (a law firm). She reports her business as a sole proprietorship. Wages paid by the law firm amount to $40,000; the law firm has no significant property. Brad is employed as a tax manager by a local CPA firm. Their modified taxable income is $381,400 (this is also their taxable income before the deduction for qualified business income). Determine their QBI deduction for 2019.
What will be an ideal response?