![1.2] Examples of DM DL and MO Indicate whether each of the following costs of a pencil manufacturer would be classified as di](http://img.homeworklib.com/questions/90e884f0-70db-11ea-b431-e7c721a78a5a.png?x-oss-process=image/resize,w_560)
Homework Answers
| MO | Depreciation of pencil painting machinery (Since this cost will not indentified directly with the activity level of pencil) |
| DL | Lead inserted into pencil (Labor cost will incur and each pencil has lead to insert by labor) |
| MO | Factory Utilities |
| DL | Wages of assembly line worker (directly identified with pencil production) |
| MO | Salary of supervisor (Supervisor supervise whole the department not for specifically production hence treated as MO) |
| MO | Factory machinery maintenance |
| DM | Wood (Wood is the direct material which is used to make pencil and directly identified with the production of pencil) |
| DM | Eraser compound (this is also easily identified with each pencil since all pencil have a separate eraser compound |
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1.2] Examples of DM DL and MO Indicate whether each of the following costs of a...
Brief Exercise 154 Indicate whether each of the following costs of a pencil manufacturer would be...
Brief Exercise 154 Indicate whether each of the following costs of a pencil manufacturer would be classified as direct materials, direct labor, or manufacturing overhead. a. Depreciation of pencil painting machinery b. Lead inserted into pencils C. Factory utilities d. Wages of assembly line worker e. Salary of supervisor f. Factory machinery maintenance 9. Wood h. Eraser compound Question Attempts: 0 of 1 used
Classify the following costs at a car manufacturer as a) product or period and b) direct...
Classify the following costs at a car manufacturer as a) product or period and b) direct materials (DM), direct labor (DL), manufacturing overhead (MOH), or selling or general and administrative expense (G&A). D M or D Lor If MOH What Selling Expense or Windshield Engine Wages of assembly line worker Depreciation of factory machines Factory machinery lubricants Steering wheel Salary painting supervisor Salary of company president Rent on office building Utilities on factory building Factory safety manager Janitorial wages on...
4) Lets Assume we are a car company: If Product Product Fixed or Variable Cost,DM, DL...
4) Lets Assume we are a car company: If Product Product Fixed or Variable Cost,DM, DL or OH or Period Property Taxes, factory Salesperson's commissions Supervisor Salary, factory Wages of workers assembling components Tires used is automobile production Shipping costs on merchandise sold Automobiles for company executives Cost of AM/FM car stereos with CD Player Lubricants for machinery Cost of workers painting the product Cost of shipping radar sets to customers Utilities for administrative offices Utilities for factory machinery Utilities...
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of...
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost Cost a. Wheels b. Glass used in the vehicle's windshield c. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver Classification
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of...
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified materials cost, direct labor cost, or factory overhead cost: Cost Classification a. Wheels b. Glass used in the vehicle's windshield c. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver
The following table includes costs incurred by Bridgeport Manufacturing. Required: For each of the following costs:...
The following table includes costs incurred by Bridgeport Manufacturing. Required: For each of the following costs: 1. classify the each cost item as either product or period costs, and 2. identify whether the costs should be categorized as direct materials (DM), direct labor (DL), manufacturing overhead (MOH), selling (S), or general & administrative (GA). BRIDGEPORT MANUFACTURING COSTS Requirement (1) Requirement (2) Direct materials (DM), Direct labor (DL), Manufacturing Product or Period Overhead (MOH). costs Selling (S), or General & Administrative...
16. The cost of a manufactured product generally consists of which of the following costs? a...
16. The cost of a manufactured product generally consists of which of the following costs? a direct materials cost and factory overhead cost only b. direct labor cost and factory overhead cost only c. direct labor cost, direct materials cost, and factory overhead cost d. direct materials cost and direct labor cost only 17. Materials must have which two qualities in order to be classified as direct materials? a. They must be classified as both prime costs and conversion costs. b....
DM Product or DL Data Section Factory rent Company advertisin Wages paid to assembly workers Depreciation...
DM Product or DL Data Section Factory rent Company advertisin Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factor Assembly supervisor salar Sandpaper President's salar Plastic tubin Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters Cost Period $3,200 Product $1,000Period МОН MOH S30,000 $2,000 $500 $900 $3,500 150 $6,000 $4,200 $250 $1,200 $1,000 $2,000 $7,500 4,200 a) Direct materials b) Direct labor c) Manufacturing overhead d) Prime cost e) Conversion cost...
QUESTION 8 Which of the following is an example of direct materials cost for an automobile...
QUESTION 8 Which of the following is an example of direct materials cost for an automobile manufacturer? a. cost of wages of assembly worker b.cost of oil lubricants for factory machinery C. cost of interior upholstery d. salary of production supervisor
Pinnacle Manufacturing manufactures custom wheel covers. Identify each of the preceding costs as either a prime...
Pinnacle Manufacturing manufactures custom wheel covers. Identify each of the preceding costs as either a prime cost period cost or conversion cost. If the cost is a prime cost, decide whether it is for direct materials (DM), direct labor (DL), or manufacturing overhead (MOH). (Select "Both Prime and Conversion Costs" if both of the categories apply for a particular item.) Product Costs Prime/Conversion/Period cost MOH DM MOH MOH Period Cost Conversion Cost Prime Cost Conversion Cost Conversion Cost Administrative Salaries...
Brief Exercise 154 Indicate whether each of the following costs of a pencil manufacturer would be classified as direct materials, direct labor, or manufacturing overhead. a. Depreciation of pencil painting machinery b. Lead inserted into pencils C. Factory utilities d. Wages of assembly line worker e. Salary of supervisor f. Factory machinery maintenance 9. Wood h. Eraser compound Question Attempts: 0 of 1 used
Classify the following costs at a car manufacturer as a) product or period and b) direct materials (DM), direct labor (DL), manufacturing overhead (MOH), or selling or general and administrative expense (G&A). D M or D Lor If MOH What Selling Expense or Windshield Engine Wages of assembly line worker Depreciation of factory machines Factory machinery lubricants Steering wheel Salary painting supervisor Salary of company president Rent on office building Utilities on factory building Factory safety manager Janitorial wages on...
4) Lets Assume we are a car company: If Product Product Fixed or Variable Cost,DM, DL or OH or Period Property Taxes, factory Salesperson's commissions Supervisor Salary, factory Wages of workers assembling components Tires used is automobile production Shipping costs on merchandise sold Automobiles for company executives Cost of AM/FM car stereos with CD Player Lubricants for machinery Cost of workers painting the product Cost of shipping radar sets to customers Utilities for administrative offices Utilities for factory machinery Utilities...
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost Cost a. Wheels b. Glass used in the vehicle's windshield c. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver Classification
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified materials cost, direct labor cost, or factory overhead cost: Cost Classification a. Wheels b. Glass used in the vehicle's windshield c. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver
The following table includes costs incurred by Bridgeport Manufacturing. Required: For each of the following costs: 1. classify the each cost item as either product or period costs, and 2. identify whether the costs should be categorized as direct materials (DM), direct labor (DL), manufacturing overhead (MOH), selling (S), or general & administrative (GA). BRIDGEPORT MANUFACTURING COSTS Requirement (1) Requirement (2) Direct materials (DM), Direct labor (DL), Manufacturing Product or Period Overhead (MOH). costs Selling (S), or General & Administrative...
16. The cost of a manufactured product generally consists of which of the following costs? a direct materials cost and factory overhead cost only b. direct labor cost and factory overhead cost only c. direct labor cost, direct materials cost, and factory overhead cost d. direct materials cost and direct labor cost only 17. Materials must have which two qualities in order to be classified as direct materials? a. They must be classified as both prime costs and conversion costs. b....
DM Product or DL Data Section Factory rent Company advertisin Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factor Assembly supervisor salar Sandpaper President's salar Plastic tubin Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters Cost Period $3,200 Product $1,000Period МОН MOH S30,000 $2,000 $500 $900 $3,500 150 $6,000 $4,200 $250 $1,200 $1,000 $2,000 $7,500 4,200 a) Direct materials b) Direct labor c) Manufacturing overhead d) Prime cost e) Conversion cost...
QUESTION 8 Which of the following is an example of direct materials cost for an automobile manufacturer? a. cost of wages of assembly worker b.cost of oil lubricants for factory machinery C. cost of interior upholstery d. salary of production supervisor
Pinnacle Manufacturing manufactures custom wheel covers. Identify each of the preceding costs as either a prime cost period cost or conversion cost. If the cost is a prime cost, decide whether it is for direct materials (DM), direct labor (DL), or manufacturing overhead (MOH). (Select "Both Prime and Conversion Costs" if both of the categories apply for a particular item.) Product Costs Prime/Conversion/Period cost MOH DM MOH MOH Period Cost Conversion Cost Prime Cost Conversion Cost Conversion Cost Administrative Salaries...
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