Which of the Following Is Not a Selling Expense

Differentiate between the two by giving any six differences. Office salaries expense 2.

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Selling expenses include sales commissions advertising promotional materials distributed rent of the sales showroom rent of the sales offices salaries and fringe benefits of sales personnel utilities and telephone usage in the sales department etc.

. Which of the following items is reported under current liability on the balance sheet. The others are administration and general expenses. Cost of Goods Sold includes the cost of the materials used to create the good and the direct labor costs used to produce the good.

Tax freight paid on sale. Business Accounting QA Library Which of the following are NOT examples of selling expenses aInsurance Expense bSales Salary Expense cDelivery Expense dAdvertising Expense Which of the following are NOT examples of selling expenses aInsurance Expense bSales Salary Expense cDelivery Expense dAdvertising Expense. Office Salaries expense c.

D Office salaries expense Explanation. The selling and administrative expenses budget. Equipment not related to production Administrative staff compensation.

This may includes Rent Office Expenses Salaries of the staff etc. The rental space that is used for storage offices and bathrooms on the other hand doesnt serve a sales purchase. The account that is not classified as a selling expense is Cost of Goods Sold COGS.

Distribution costs such as logistics shipping and insurance costs. The sales floor has no other purpose except to display and sell product. Advertisement New questions in Business.

Sales professionals base salaries fixed Insurance. These costs are an expense of the business or a company and reduce the profit. Selling expenses General expenses Administrative expenses.

Which of the following is not a selling expense. Interest on debenture is not directly associated with the routine business activity hence its a non operating expense. This is mainly related to distributing marketing selling.

Selling expenses are part of the operating expenses along with administrative expenses. Sales administrative staff salaries and wages. This means it is solely used to sell goods.

Office salaries expense would not come under a selling expense. Up to 256 cash back Which of the following expenses would not appear on a selling and administrative expense budget. Which of the following is not a selling expense.

Marketing and Sales Exam Prep. A unearned revenue B sales C income tax D cash. Which of the following is not a selling expense.

The production budget d. In preparing a statement of cash flows cash flows from operating activities can be calculated by appropriately adding to or deducting from net income those items in the income statement that do. Store supplies consumed C.

Which of the following is not a selling expense. Office salaries expense c. Log in Sign up.

The SGA classification never includes the cost of goods sold and generally does not include the expenses incurred by the research and development department. General salaries paid to laborers. Salesperson salaries and wages.

The capital budget e. Finance questions and answers. Operating expenses are those expenses which are incurred to performed the normal business activities of the organization.

A company breaks expenses into selling expenses and administrative expenses. These costs typically include the following items. Facilities repairmaintenance not related to production Compensation for other non-salespeople.

Advertising and Personal Selling both are communication tools used by the marketers to promote their products. Which of the following is not a selling expense. Yet they differ in their approach.

A advertising expense B delivery expense C income tax expense D shipping expense 4. Which of the following is a selling expense. Selling expense or sales expense includes any costs incurred by the sales department.

Selling expenses are the costs associated with distributing marketing and selling a product or service. Facility rent showroom rent. The direct labor budget b.

Office salaries expense c. In addition it does not include financing costs such as interest income and interest expense since they are not considered to be operating costs. This cost is not directly related to the production or manufacturing of any product or delivery of any services.

The rent expenses associated with these rooms is listed in the general and admin expenses. Analyst Bank Clerk. Selling expenses are the costs which are incurred by the sales department of an organization for selling companies products or providing services.

Learn vocabulary terms and more with flashcards games and other study tools. Which of the following is not part of the operating budget. They are one of three kinds of expense that make up a companys operating expenses.

A B C D E F G H I J K L. Office salaries expense Start studying Counting. The cost of goods sold budget c.

Depreciation expense office equipment d. Any taxfreight is paid on purchases. Which of the following is not a selling expense.

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