Asked by
Elena Salvatore
on Dec 16, 2024Verified
Which of the following expenses would not appear on a selling and administrative expense budget?
A) Sales commissions
B) Depreciation
C) Property taxes
D) Indirect labor
Administrative Expense
Expenses that are not directly tied to the production of goods or services, including salaries of executive officers, legal and office expenses.
Sales Commissions
Financial compensation paid to sales representatives, usually a percentage of the sales they generate, as an incentive to increase sales performance.
Indirect Labor
Labor costs of employees who support the production process but are not directly involved in the active production of goods or services.
- Become familiar with the constituents and arithmetic required in assembling a selling and administrative expense budget.
Verified Answer
AR
Learning Objectives
- Become familiar with the constituents and arithmetic required in assembling a selling and administrative expense budget.