Brock Company reported operating expenses in two categories, namely distribution and administrative. The expense and loss...
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Brock Company reported operating expenses in two categories, namely distribution and administrative. The expense and loss accounts for current year. One-half of the adjusted trial balance at year-end included the following rented premises is occupied by the sales department. Accounting and legal fees Advertising Freight out Interest Loss on sale of long-term investment Officers' salaries 1,200,000 1,500,000 a. 4,800,000 b. 4,000,000 c. 3,700,000 d. 3,600,000 800,000 700,000 300,000 2,250,000 2,200,000 1,400,000 Rent for office space Sales salaries and commissions What amount should be reported as distribution costs? Brock Company reported operating expenses in two categories, namely distribution and administrative. The expense and loss accounts for current year. One-half of the adjusted trial balance at year-end included the following rented premises is occupied by the sales department. Accounting and legal fees Advertising Freight out Interest Loss on sale of long-term investment Officers' salaries 1,200,000 1,500,000 a. 4,800,000 b. 4,000,000 c. 3,700,000 d. 3,600,000 800,000 700,000 300,000 2,250,000 2,200,000 1,400,000 Rent for office space Sales salaries and commissions What amount should be reported as distribution costs?
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distribution costs are cost related to selling of the product and related to sales dep... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
Posted Date:
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