Which items below would be classified as operating expenses? An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX, operating expenses include rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and funds allocated for research and development.
How do you list operating expenses? Operating expenses are expenses a business incurs in order to keep it running, such as staff wages and office supplies. Operating expenses do not include cost of goods sold (materials, direct labor, manufacturing overhead) or capital expenditures (larger expenses such as buildings or machines).
What is not included in operating expenses? Operating expenses include selling, general, and administrative expense (SG&A), depreciation, and amortization, and other operating expenses. Operating income excludes items such as investments in other firms (non-operating income), taxes, and interest expenses.
Which of the following items are classified as operating items on the income statement? The process used to allocate the cost of capital leases, leasehold improvements and intangible assets. Which item would not be classified as an operating expense? Interest expense.
Which items below would be classified as operating expenses? – Related Questions
Where does wages expense go?
A wage expense may be recorded as a line item in the expense portion of the income statement.
Are gold nanoparticles expensive?
However, a single milligram of gold nanoparticles currently costs about $80 (depending on the size of the nanoparticles). That places the price of gold nanoparticles at $80,000 per gram while a gram of pure, raw gold goes for about $50.
Is it expensive to repair a bmw?
Is BMW maintenance expensive? Yes, BMW’s maintenance cost after the warranty is more expensive than many other brands – luxury or not. A BMW can cost about $5,000 more to maintain over a 10-year period than a Mercedes-Benz, and $12,000 more than a Toyota.
What is least expensive time to travel to grand cayman?
The best time to visit the Cayman Islands is between March and June when the hotel rates drop. The islands are warm year-round with average highs holding steady in the 80s. January and February are the coolest months with average lows in the high 60s.
Why are slide in ranges more expensive than freestanding?
Slide-in ranges have the controls in front of the burners. … This prevents food spills from dripping down the sides of the range. Slide-in ranges are more expensive than freestanding because of the custom, built-in look the design provides.
Are ferrets expensive?
Although the cost of the purchase of a ferret and its scheduled care will vary depending on the area, you can usually plan on spending anywhere from $75 to $250, with the average being around $100, for the ferret itself, depending on the pet store or breeder.
Can we use standard mileage for tractor trailer expense?
The IRS considers a semi-truck to be a qualified non-personal-use vehicle. As a truck driver, you must claim your actual expenses for vehicles of this type. So, you can’t use the standard mileage method.
How expensive is stanford hospital?
As contractors put their finishing touches on the $2 billion new Stanford Hospital, the university medical behemoth is readying to welcome its first patients into the 824,000-square-foot buildout in late October.
Is dental expenses tax deductible?
The IRS allows you to deduct unreimbursed expenses for preventative care, treatment, surgeries, and dental and vision care as qualifying medical expenses. … The IRS also lets you deduct the expenses that you pay to travel for medical care, such as mileage on your car, bus fare and parking fees.
What rapper has the most expensive jewelry?
Which rapper has the most expensive chain? Rick Ross has the most expensive chain with worth $1.5 million US dollars.
Why is sephora so expensive?
Why is the makeup at Sephora so expensive? – Quora. Sephora only carries what they consider to be “high end” brands, therefore they come with a “high end” price. Basically the packaging might be higher quality, but looking at ingredients, most of these “high end” brands have the same chemicals as the drug store brands.
What is the most expensive fish?
The Asian Arowana is less rare than its Platinum cousin — but it can be nearly as expensive. In fact, these fish are so expensive and coveted among collectors that they occasionally undergo plastic surgery and enter fish beauty pageants.
How are expensive hair straighteners different than cheap ones?
A lot of less expensive straighteners don’t heat up enough to get the right amount on your strands, or they don’t have a consistent heat all over the plate. Lack of consistency leads to hot spots which means you will you’ll end up with a half frizzy, half-perfect mane that just looks like a hot mess.
How expensive to leave laptop on continuously?
An average desktop computer will use between 65 and 250 watts, whereas a laptop will use between 15 and 60 watts. The components and what it is used for are the biggest determining factors. The cost to keep a computer left on 24/7 can range between $50 and $250 over the course of an entire year.
What are the least expensive times to travel to cancun?
The cheapest time to visit is from May to November – particularly September and October, the two rainiest months. The best time to experience comfortable weather and less-expensive prices is shoulder season, early December and April.
What is the most expensive address in soho new york?
It’s currently the most expensive listing in all of New York City. If you happen to have $169 million lying around, you can now purchase the most expensive listing in all of Manhattan: a penthouse at 432 Park Avenue, the third-tallest residential building in the world, designed by Rafael Viñoly.
Why is resin so expensive?
Epoxy resins are more expensive to produce than other types of resins. This is because the raw materials required for manufacture cost a lot more than other low-end resins and the process of the production is complicated with a low tolerance for errors.
Are corvettes expensive to repair?
Maintenance Costs. Although Corvettes are still far more affordable than most European sports cars, it is important to remember that the Corvette is a performance automobile. As such, it has more expensive hardware under the hood. … Other maintenance items on Corvettes tend to be more expensive as well.
How does a company have zero interest expenses?
If you are seeing zero interest expense on your Opportunity’s financial statement, it is likely that your bank has chosen to include capital in their funding cost. … This results in a zero interest expense on the corresponding financial statements and an average loan balance equaling the average equity balance.
Why is scentsy so expensive?
Just ask any Scentsy customer who has tried other brands. Another factor why Scentsy warmers are more expensive than other brands is because Scentsy warmers have a lifetime warranty; whereas most other brands do not. Replacing warmers that wear out are an extra expense that needs to be built into the price.
Why are german cars more expensive?
1 – Import tax. Foreign products are taxed at a higher rate, adding to the price. 2 – Development and manufacturing costs. Premium German carmakers spend more on design and development, and manufacture their cars to higher quality standards and with more advanced technology than most other less exclusive brands.