The espresso department experienced the following revenue and expenses during October:
Sales $15,000
Cost of Goods Sold 11,000
Direct Operating Expenses 2,000
Indirect Operating Expenses 1,000
The espresso departmental gross profit is:
A) $1,000.
B) $4,000.
C) $8,000.
D) $2,000.
Answer: B
Business
You might also like to view...
A ________ is any employee who is away form his or her primary work space at least 10 hours a week or 25 percent of the time
Fill in the blank(s) with correct word
Business
Because the corporation pays taxes on the company profit and the stockholders pay taxes on dividends, this is known as
a. double taxation. b. self-employment tax. c. excise tax. d. use tax.
Business