6: 6. Selling and Administrative expenses are charged to the manufacturing overhead account. TRUE FALSE 7....

Question

Question

6:

6. Selling and Administrative expenses are charged to the manufacturing overhead account. TRUE FALSE 7. The labor time ticket

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Answer-6

The answer is FALSE

Reason;- Selling and Overhead expenses do not charged to manufacturing overhead. Beacuse manufacturing overhead are indirect cost incrred during production process

Add a comment

Answer 2

Similar Homework Help Questions

3 Data 4 $ Manufacturing overhead Selling and administrative overhead 500,000 300,000 5 $ 6 7...

3 Data 4 $ Manufacturing overhead Selling and administrative overhead 500,000 300,000 5 $ 6 7 Assembling Units Other Processing Orders 35% Supporting Customers 5% 50% 10% 40% 20% 8 Manufacturing overhead 9 Selling and administrative overhead 10 Total activity 11 10% 1,000 30% 250 100 units orders customers 12 13 OfficeMart orders: 14 Customers 1 customer 23 orders 80 units 15 Orders 16 Number of filing cabinets ordered in total 17 Selling price 18 Direct materials $ 595 $...
The Selling and Administrative Budget typically includes only fixed corporate expenses. True False

The Selling and Administrative Budget typically includes only fixed corporate expenses. True False
The following costs were incurred in September Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...

The following costs were incurred in September Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $42.700 $29.400 $27.300 $23.600 $33.700 Conversion costs during the month totaledi O $56,700 $72.100 O $156,700 O $70,000

The following costs were incurred in April: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...

The following costs were incurred in April: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $57.000 $48.000 $40,000 $36.0po $51,000 Conversion costs during the month totaled: O $97.000 O $88.000 O $232.000 O $124.000
solving the "?"s Data Manufacturing overhead Selling and administrative overhead $500,000 $300,000 Manufacturing overhead Selling and...

solving the "?"s Data Manufacturing overhead Selling and administrative overhead $500,000 $300,000 Manufacturing overhead Selling and administrative overhead Total activity Assemblin Processing Supporting g Units Orders Customer 50% 35% 5% 10% 45% 25% 1,000 250 100 units orders customers Other 10% 20% OfficeMart orders: Customers Orders red in total Number of filing cabinets ordered in total Selling price Direct materials Direct labor 1 customer 4 orders 80 units $595 $180 $50 Enter a formula into each of the cells marked...
1)Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative...

1)Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses. 2) Compute the desired ROI per unit. (Round answers to 0 decimal places.) 3) Compute the target selling price. Question 1 Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Per Unit Total Direct materials $420 $300 $ 76 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative...

Selling and administrative expenses are subtracted from gross profit to obtain operating income. True False

Selling and administrative expenses are subtracted from gross profit to obtain operating income. True False
The following costs were incurred in May. Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...

The following costs were incurred in May. Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expense $39,100 $30,400 $18,000 $14,500 $34,700 01:03:56 Prime costs during the month totaled: Multiple Choice 0 O $69.500 0 $48.400 0 $36.700 0 $27500
Sales $1,980 Selling expenses 350 Manufacturing overhead 460 Direct labor 400 Administrative expenses 500 Purchases of...

Sales $1,980 Selling expenses 350 Manufacturing overhead 460 Direct labor 400 Administrative expenses 500 Purchases of Direct materials 460 Finished goods inventory, beginning 240 Finished goods inventory, ending 320 Direct materials inventory, beginning 200 Direct materials inventory, ending 140 Work in process inventory, beginning 140 Work in process inventory, ending 100 What was the cost of the direct materials used in production during the year? Question 16 options: $660 $700 $340 $520

Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work...

Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 655, eee $ 86, eee $ 140, eee $ 102, eee $ 44, eee $ 207, eee $ 226, eee Inventories Raw materials Work in process Finished goods Beginning $ 8,eee $ 5,400 $ 73,eee Ending $ 11, eee $ 20,800 $ 25, 120 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw...

6: 6. Selling and Administrative expenses are charged to the manufacturing overhead account. TRUE FALSE 7....

Homework Answers

Add Answer to:
6: 6. Selling and Administrative expenses are charged to the manufacturing overhead account. TRUE FALSE 7....

Post as a guest

Earn Coins

3 Data 4 $ Manufacturing overhead Selling and administrative overhead 500,000 300,000 5 $ 6 7...

The Selling and Administrative Budget typically includes only fixed corporate expenses. True False

The following costs were incurred in September Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...

The following costs were incurred in April: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...

solving the "?"s Data Manufacturing overhead Selling and administrative overhead $500,000 $300,000 Manufacturing overhead Selling and...

1)Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative...

Selling and administrative expenses are subtracted from gross profit to obtain operating income. True False

The following costs were incurred in May. Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...

Sales $1,980 Selling expenses 350 Manufacturing overhead 460 Direct labor 400 Administrative expenses 500 Purchases of...

Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work...

6: 6. Selling and Administrative expenses are charged to the manufacturing overhead account. TRUE FALSE 7....

Homework Answers

Add Answer to: 6: 6. Selling and Administrative expenses are charged to the manufacturing overhead account. TRUE FALSE 7....

Post as a guest

Earn Coins

Add Answer to:
6: 6. Selling and Administrative expenses are charged to the manufacturing overhead account. TRUE FALSE 7....