Question: Explain the difference between cost and expense
Explain the difference between cost and expense.
Answer to relevant QuestionsWhat is the difference between accumulating cost and assigning cost? Define selling cost. Give five examples of selling cost. How do managerial accounting and financial accounting differ? Refer to the information for Barnard Company above. The gross margin per unit is Last year, Barnard Company incurred the following costs: Direct materials ............. $ 50,000 Direct labor ................ ...Adriana Alvarado has decided to purchase a personal computer. She has narrowed the choices to two: Drantex and Confiar. Both brands have the same processing speed, 6.4 gigabytes of hard- disk capacity, two USB ports, a DVDRW ...
Post your question