Identify catholic church's:
COST OF SALES
Direct Materials (raw materials used to manufacture products/services);
Direct Labor (wages paid on a per unit basis);
Direct Overhead (electricity, water, etc);
Taxes (incurred through sales like VAT: value Added Taxes);
OPERATING EXPENSES
Administrative Expenses (salaries, allowances, Meals, professional);
Office Expenses (rent, supplies, maintenance, security, license);
Marketing Expenses (advertising, promotions, selling, representation);
Transportation Expenses (gasoline, transportation, travel (+ accommodations));
Utilities Expenses (electricity, water, telephone, postage);
Others (research & development, miscellaneous, others);
NON-OPERATING EXPENSES
Depreciation Expenses (part of fixed assets that is used up);
Interest Expenses (based on funding expenses incurred);
License Expenses (licenses, dues and memberships);
Miscellaneous Expenses (trivial, isolated or one time expenses).
2007-07-28
05:29:37
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2 answers
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asked by
rr
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