Homework Answers
| Cost by Traceability | Period or Product | Direct material, Direct labor or Factory overhead | Prime or Conversion | Direct or Indirect | |
| 1 | Property taxes | Product | Factory overhead | Conversion | Indirect |
| 2 | Batteries for electric cars | Product | Direct material | Prime | Direct |
| 3 | Wages to assembly workers | Product | Direct labor | Prime | Direct |
| 4 | Factory water usage | Product | Factory overhead | Conversion | Indirect |
| 5 | Rent on factory building | Product | Factory overhead | Conversion | Indirect |
| 6 | Steering wheels used in cars | Product | Direct material | Prime | Direct |
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Exercise 14-6 Cost classification LO C3 Tesla a vehicle manufacturer, incurs...
Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify...
Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no cell blank if there is no effect select "NA...
Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify...
Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no cell blank if there is no effect select "NA...
nect HW Saved Help Save & Exit Check my Exercise 14-6 Cost classification LO C3 Tesla,...
nect HW Saved Help Save & Exit Check my Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no...
Exercise 14-6 Cost classification LO C3 Georgia Pacific, a manufacturer, incurs the following costs. (1) Classify...
Exercise 14-6 Cost classification LO C3 Georgia Pacific, a manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. Cost by Traceability Period or Product Direct material, Direct labor, or...
Exercise 18-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify...
Exercise 18-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object (Leave no cell blank if there is no effect select "NA...
Required information Problem 14-1A Cost computation, classification, and analysis LO C2, C3 [The following information applies...
Required information Problem 14-1A Cost computation, classification, and analysis LO C2, C3 [The following information applies to the questions displayed below.) Listed here are the total costs associated with the 2017 production of 1,000 drum sets manufactured by True drum sets sell for $500 each. Costs 1. Plastic for casing-$17,000 2. Wages of assembly workers-582,800 3. Property taxes on factory-55,000 4. Accounting staff salaries-$35,000 5. Drum stands (1,880 stands purchased)-$26,000 6. Rent cost of equipment for sales staff-$10,000 7. Upper...
Exercise 14-2 Cost classification LO C2 Listed here are product costs for the production of soccer...
Exercise 14-2 Cost classification LO C2 Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Product Cost Variable or Fixed Direct or Indirect 1. Factory rent 2. Needles used in stitching soccer balls 3.Leather covers for soccer balls 4. Annual flat fee paid for office security 5.Coolants for machinery 6. Wages of assembly workers 7. Thread to...
Exercise 14-2 Cost classification LO C2 Listed here are product costs for the production of soccer...
Exercise 14-2 Cost classification LO C2 Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect Product Cost 1. Factory rent 2. Needles used in stitching soccer balls 3. Leather covers for soccer balls 4. Annual flat fee paid for office security 5. Coolants for machinery 6. Wages of assembly workers 7....
Required information Problem 14-1A Cost computation, classification, and analysis LO C2, C3 (The following information applies...
Required information Problem 14-1A Cost computation, classification, and analysis LO C2, C3 (The following information applies to the questions displayed below.) Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $470 each. Costs 1. Plastic for casing-$15,000 2. Wages of assembly workers-$87,000 3. Property taxes on factory-$6,000 4. Accounting staff salaries-$39,000 5. Drum stands (1,000 stands purchased)-$ 38,000 6. Rent cost of equipment for sales staft-$12,000 7....
Number 4 Required information Problem 01-1A Cost computation, classification, and analysis LO C2, C3 (The following...
Number 4
Required information Problem 01-1A Cost computation, classification, and analysis LO C2, C3 (The following information applies to the questions displayed below.) Part 1 of 2 Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $500 each. 0.75 points Skipped Costs 1. Plastic for casing-$17,000 2. Wages of assembly workers-$82,000 3. Property taxes on factory-$5,000 4. Accounting staff salaries-$35,000 5. Drum stands (1,000 stands purchased)-$26,000 6....
Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no cell blank if there is no effect select "NA...
Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no cell blank if there is no effect select "NA...
nect HW Saved Help Save & Exit Check my Exercise 14-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no...
Exercise 14-6 Cost classification LO C3 Georgia Pacific, a manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. Cost by Traceability Period or Product Direct material, Direct labor, or...
Exercise 18-6 Cost classification LO C3 Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object (Leave no cell blank if there is no effect select "NA...
Required information Problem 14-1A Cost computation, classification, and analysis LO C2, C3 [The following information applies to the questions displayed below.) Listed here are the total costs associated with the 2017 production of 1,000 drum sets manufactured by True drum sets sell for $500 each. Costs 1. Plastic for casing-$17,000 2. Wages of assembly workers-582,800 3. Property taxes on factory-55,000 4. Accounting staff salaries-$35,000 5. Drum stands (1,880 stands purchased)-$26,000 6. Rent cost of equipment for sales staff-$10,000 7. Upper...
Exercise 14-2 Cost classification LO C2 Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Product Cost Variable or Fixed Direct or Indirect 1. Factory rent 2. Needles used in stitching soccer balls 3.Leather covers for soccer balls 4. Annual flat fee paid for office security 5.Coolants for machinery 6. Wages of assembly workers 7. Thread to...
Exercise 14-2 Cost classification LO C2 Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect Product Cost 1. Factory rent 2. Needles used in stitching soccer balls 3. Leather covers for soccer balls 4. Annual flat fee paid for office security 5. Coolants for machinery 6. Wages of assembly workers 7....
Required information Problem 14-1A Cost computation, classification, and analysis LO C2, C3 (The following information applies to the questions displayed below.) Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $470 each. Costs 1. Plastic for casing-$15,000 2. Wages of assembly workers-$87,000 3. Property taxes on factory-$6,000 4. Accounting staff salaries-$39,000 5. Drum stands (1,000 stands purchased)-$ 38,000 6. Rent cost of equipment for sales staft-$12,000 7....
Number 4
Required information Problem 01-1A Cost computation, classification, and analysis LO C2, C3 (The following information applies to the questions displayed below.) Part 1 of 2 Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $500 each. 0.75 points Skipped Costs 1. Plastic for casing-$17,000 2. Wages of assembly workers-$82,000 3. Property taxes on factory-$5,000 4. Accounting staff salaries-$35,000 5. Drum stands (1,000 stands purchased)-$26,000 6....
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