Are wages an administrative expense? Wages and benefits to certain employees, such as accounting and IT staff, are considered administrative expenses. All executive compensation and benefits are considered an administrative expense.
Is wages expense a selling or administrative? Selling expense (or sales expense) includes any costs incurred by the sales department. These costs typically include the following: Salesperson salaries and wages. Sales administrative staff salaries and wages.
What are examples of administrative expenses? General and Administrative (G&A) expenses are the day-to-day costs a business must pay to operate, whether or not it manufactures products or generates revenue. Typical G&A expenses include rent, utilities, insurance payments, and wages and salaries for administrative and management staff other than salespeople.
Is payroll a general and administrative expense? Operating expenses are the costs a company incurs for running its day-to-day operations. … The following are common examples of operating expenses: Rent and utilities. Wages and salaries.
Are wages an administrative expense? – Related Questions
What is the most expensive coffee in the whole world?
In the West, kopi luwak has become known as “cat poop coffee.” With prices ranging between $35 and $100 a cup, or about $100 to $600 a pound, kopi luwak is widely considered to be the most expensive coffee in the world.
How expensive is breath testing for alcohol?
Typical costs: Drug and alcohol testing typically costs from less than $10 to $50 or more for an at-home saliva or urine test for alcohol, a single illegal drug or multiple illegal drugs — or for a hand-held digital breathalyzer tool.
Are dividends included in total expense?
Dividends are not considered an expense, because they are a distribution of a firm’s accumulated earnings. For this reason, dividends never appear on an issuing entity’s income statement as an expense.
What is the most expensive horse in the world?
Selling for a cool $70 million (£53.7 million) to the racehorse breeding powerhouse Coolmore Ireland in 2000, Fusaichi Pegasus currently holds the title of the most expensive horse in history.
Which is more expensive to live miami or san diego?
San Diego is 30.1% more expensive than Miami. San Diego housing costs are 95.6% more expensive than Miami housing costs. Health related expenses are 9.9% less in San Diego.
Why are aaa batteries more expensive?
As electronics have become more and more popular, the demand for AA, AAA and other types of batteries has increased. It leads to less competition between manufacturers. It is why the price of AA, AAA and other rechargeable batteries are expensive.
How are carmax prices for expensive cars?
Their prices aren’t as low as other dealers’. The Truth About Cars analyzed the sales prices of similar vehicles on eBay and CarMax and found that their prices were consistently higher, often by a few thousand dollars. That’s because they have more overhead, which the site points out.
Why is everything so expensive in america?
The US inflation rate rose to 6.8% since last November, according to labor department data, the highest annual increase in nearly 40 years. … Those price increases have been largely driven by essential goods and services: transportation, energy, housing and food.
How expensive are jordans?
Narrator: According to Matt’s research, the average price of a basketball sneaker is about $110, while a Jordan’s average price is about $145.
Can i deduct the expenses on two rental properties?
Owning multiple rental properties is an excellent way to invest your capital and increase your ability to deduct items such as interest, insurance, and other expenses against the property’s income.
Is birch plywood expensive?
Baltic birch plywood is notoriously expensive and is often the go-to material for high-end furniture and professional interior design projects.
What are capital expenses for rental property?
A Capital Expenditure, also known as CapEx, is something that you purchase or upgrade that increases the value of your rental property. A Capital Expenditure can thereby be considered an asset and can affect your taxes based on the depreciation rules of the Federal Tax Code.
What is expense ratio in funds?
An expense ratio reflects how much a mutual fund or an ETF (exchange-traded fund) pays for portfolio management, administration, marketing, and distribution, among other expenses. You’ll almost always see it expressed as a percentage of the fund’s average net assets (instead of a flat dollar amount).
Why are japanese maples expensive?
Answer- It takes quite some time for a Japanese Maple tree to grow up its size. That is why they are costly in the market along with high demand. The standard type like the Bloodgood is priced at $80 – $120 for six-foot-tall potted trees at nurseries. The rarest of Japanese Maple could be priced twice as much.
How expensive is eating out in belize?
While meal prices in Belize can vary, the average cost of food in Belize is BZ$46 per day. Based on the spending habits of previous travelers, when dining out an average meal in Belize should cost around BZ$18 per person.
Why is seafood so expensive?
Seafood is expensive due to the rule of supply and demand. Seafood is in high demand all over the world and acquiring the ingredients from the sea is more difficult than farming on the land. In addition, seafood is more prone to spoil and the logistics of getting the seafood inland is difficult as well.
Why are icon cards so expensive?
Icon cards are in heavy demand in the game due to the value of nostalgia and the boosted stats associated with the cards. … The icon SBCs are usually a great alternative since the odds of obtaining icon cards are very low. This results in their high prices in the FUT market.
Where does prepaid expenses go?
Prepaid expenses are future expenses that are paid in advance. On the balance sheet, prepaid expenses are first recorded as an asset. After the benefits of the assets are realized over time, the amount is then recorded as an expense.
What is the most expensive airplane seat?
Topping the list for most expensive airline tickets is The Residence on Etihad. Costing $31,000 for a New York – Abu Dhabi round trip, The Residence is truly the first class of first class.
Is cambria quartz more expensive than granite?
Although Cambria can run a bit more expensive than lower grade Granite, the more desirable premium Granite is consistently more expensive than Cambria, often making Cambria the more affordable choice.
Why is single malt scotch so expensive?
Scotch whisky is expensive due to a wide range of factors, many of which don’t affect other alcoholic drinks in the same way. Long term storage contributes a large percentage of the cost; not only due to the time it takes for maturation but the losses that occur due to evaporation.