Homework Answers
|
Cost |
Classification |
|
Rent for factory building |
F |
|
Depreciation on production equipment |
F |
|
Production manager's salary |
F |
|
Production worker's salary |
V |
|
Cost of material used in production |
V |
|
Fire insurance for the plant |
F |
|
Sales commission |
V |
|
Sales manager salary |
M |
A mixed expense is an expense where a cost has both elements of fixed and variable cost.
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Classify the following items as variable (V), fixed (F), or mixed (M): Rent for the factory...
========================= MANAGERIAL ACCOUNTING QUESTIONS Please answer ALL in DETAILS to get upvote Thanks!!! Classify the following...
=========================
MANAGERIAL ACCOUNTING QUESTIONS
Please answer ALL in DETAILS to get upvote
Thanks!!!
Classify the following items as variable (V), fixed (F), or mixed (M): Rent for the factory building VOF OM Depreciation on production equipment VOF M Production managers' salariesV OF OM Production workers' wages v OF M Cost of materials used in production Ov OF M Fire insurance for the plant Ov OF OM Sales commissions (3% of sales) O V O F O M Sales managers' ales...
send help Problem 2 Classify the following as to fixed, variable or mixed 1. Factory rent...
send help
Problem 2 Classify the following as to fixed, variable or mixed 1. Factory rent 2. Wages for workers paid based on units produced 3. Equipment maintenance 4. Cost accountant's salary 5. Depreciation based on output 6. Salary of factory supervisor 7. Telephone (monthly) 8. Paper in the manufacture of books 9. Wages of machine operators 10. Commission of salesmen
D. $0.40 Example 45: Classify each of the following as either period or product. If a...
D. $0.40 Example 45: Classify each of the following as either period or product. If a cost is a period cost, indicate whether it would be a selling or an administrative cost. If a cost is a product cost, indicate whether it is direct or indirect. Item Period Cost Product Cost Selling Administrative Direct Indirect Rent on a sales office Direct materials Sales commissions Rent on a factory building Secretarial salaries for the sales force Assembly line worker wages Product...
I need help calculating variable cost, and fixed cost. Factory rent $ 3,090 Company advertising 1,090...
I need help calculating variable cost, and fixed cost. Factory rent $ 3,090 Company advertising 1,090 Wages paid to assembly workers 30,700 Depreciation for salespersons’ vehicles 2,010 Screws 585 Utilities for factory 855 Assembly supervisor’s salary 3,690 Sandpaper 195 President’s salary 5,090 Plastic tubing 4,010 Paint 200 Sales commissions 1,230 Factory insurance 1,030 Depreciation on cutting machines 2,110 Wages paid to painters 8,050 a. Direct Materials $4,010 b. Direct Labor $38,750 c. Manufacturing Overhead $11,755 d. Prime Cost $42,760 e....
Family Furniture Corporation incurred the following costs. Identify the costs as variable, fixed, or mixed. Family...
Family Furniture Corporation incurred the following costs.
Identify the costs as variable, fixed, or mixed.
Family Furniture Corporation incurred the following costs. Identify the costs as variable, fixed, or mixed. Wood used in the production of furniture. 2. Fuel used in delivery trucks. 3. Straight-line depreciation on factory building 4. Screws used in the production of furniture 5. Sales staff salaries. 6. Sales commissions. 7. Property taxes. 8. Insurance on buildings. 9 Hourly wages of furniture craftsmen. 10. Salaries of...
сиптепсиссер тоБез Classify each cost as variable, fixed, or mixed. Insurance on the buildings .. Property...
сиптепсиссер тоБез Classify each cost as variable, fixed, or mixed. Insurance on the buildings .. Property tax bill 1. Sales commission . Nails used to produce furniture 6. Fuel needed to operate the machinery 6. Hourly wages of the assembly-line workers 1. Rental of U-Haul charged based on daily rate plus 1. Depreciation on the building Rent paid for office space 5. Maintenance costs of delivery vans e Textbook and Media
Factory rent Company advertising Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for...
Factory rent Company advertising Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factory Assembly supervisor's salary Sandpaper President's salary Plastic tubing Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters $ 3,140 1,070 31,000 2,180 580 870 3,520 135 5,040 4,170 225 1,210 1,100 2,130 8,200 2. Determine the total cost for each of the following: a. Direct Materials b. Direct Labor Manufacturing Overhead d. Prime Cost e. Conversion Cost f. Total...
Part B- -Classification Classify each of the items below as: C--Factory Overhead D--Selling and Administrative expense...
Part B- -Classification Classify each of the items below as: C--Factory Overhead D--Selling and Administrative expense A- -Direct materials B -Direct labor C1. Rent on factory building 2. Sales supplies used 3. Factory supplies used 4. Indirect materials used A 5. Wages of assembly line personnel 6. Cost of primary material used to make product 7. Depreciation on office equipment 8. Rent on office facilities 9. Insurance expired on factory equipment 10. Utilities incurred in the office elaal
For apparel manufacturer Abercrombie & Fitch, Inc., classify each of the following costs as either a...
For apparel manufacturer Abercrombie & Fitch, Inc., classify each of the following costs as either a product cost or a period cost: A. Research and development costs B. Depreciation on sewing machines C. Fabric used during production D. Depreciation on office equipment E. Advertising expenses F. Repairs and maintenance costs for sewing machines G. Salary of production quality control supervisor H. Utility costs for office building I. Sales commissions J. Salaries of distribution center personnel K. Wages of sewing machine...
Classify each cost as variable, fixed, or mixed. 1. Insurance on the buildings FixedVariableMixed 2. Property...
Classify each cost as variable, fixed, or mixed.
1.
Insurance on the buildings
FixedVariableMixed
2.
Property tax bill
VariableMixedFixed
3.
Sales commission
FixedMixedVariable
4.
Nails used to produce furniture
FixedVariableMixed
5.
Fuel needed to operate the machinery
MixedVariableFixed
6.
Hourly wages of the assembly-line workers
MixedVariableFixed
7.
Rental of U-Haul charged based on daily rate plus km
driven
VariableMixedFixed
8.
Depreciation on the building
FixedMixedVariable
9.
Rent paid for office space
MixedFixedVariable
10.
Maintenance costs of delivery vans
=========================
MANAGERIAL ACCOUNTING QUESTIONS
Please answer ALL in DETAILS to get upvote
Thanks!!!
Classify the following items as variable (V), fixed (F), or mixed (M): Rent for the factory building VOF OM Depreciation on production equipment VOF M Production managers' salariesV OF OM Production workers' wages v OF M Cost of materials used in production Ov OF M Fire insurance for the plant Ov OF OM Sales commissions (3% of sales) O V O F O M Sales managers' ales...
send help
Problem 2 Classify the following as to fixed, variable or mixed 1. Factory rent 2. Wages for workers paid based on units produced 3. Equipment maintenance 4. Cost accountant's salary 5. Depreciation based on output 6. Salary of factory supervisor 7. Telephone (monthly) 8. Paper in the manufacture of books 9. Wages of machine operators 10. Commission of salesmen
D. $0.40 Example 45: Classify each of the following as either period or product. If a cost is a period cost, indicate whether it would be a selling or an administrative cost. If a cost is a product cost, indicate whether it is direct or indirect. Item Period Cost Product Cost Selling Administrative Direct Indirect Rent on a sales office Direct materials Sales commissions Rent on a factory building Secretarial salaries for the sales force Assembly line worker wages Product...
Family Furniture Corporation incurred the following costs.
Identify the costs as variable, fixed, or mixed.
Family Furniture Corporation incurred the following costs. Identify the costs as variable, fixed, or mixed. Wood used in the production of furniture. 2. Fuel used in delivery trucks. 3. Straight-line depreciation on factory building 4. Screws used in the production of furniture 5. Sales staff salaries. 6. Sales commissions. 7. Property taxes. 8. Insurance on buildings. 9 Hourly wages of furniture craftsmen. 10. Salaries of...
сиптепсиссер тоБез Classify each cost as variable, fixed, or mixed. Insurance on the buildings .. Property tax bill 1. Sales commission . Nails used to produce furniture 6. Fuel needed to operate the machinery 6. Hourly wages of the assembly-line workers 1. Rental of U-Haul charged based on daily rate plus 1. Depreciation on the building Rent paid for office space 5. Maintenance costs of delivery vans e Textbook and Media
Factory rent Company advertising Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factory Assembly supervisor's salary Sandpaper President's salary Plastic tubing Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters $ 3,140 1,070 31,000 2,180 580 870 3,520 135 5,040 4,170 225 1,210 1,100 2,130 8,200 2. Determine the total cost for each of the following: a. Direct Materials b. Direct Labor Manufacturing Overhead d. Prime Cost e. Conversion Cost f. Total...
Part B- -Classification Classify each of the items below as: C--Factory Overhead D--Selling and Administrative expense A- -Direct materials B -Direct labor C1. Rent on factory building 2. Sales supplies used 3. Factory supplies used 4. Indirect materials used A 5. Wages of assembly line personnel 6. Cost of primary material used to make product 7. Depreciation on office equipment 8. Rent on office facilities 9. Insurance expired on factory equipment 10. Utilities incurred in the office elaal
Classify each cost as variable, fixed, or mixed.
1.
Insurance on the buildings
FixedVariableMixed
2.
Property tax bill
VariableMixedFixed
3.
Sales commission
FixedMixedVariable
4.
Nails used to produce furniture
FixedVariableMixed
5.
Fuel needed to operate the machinery
MixedVariableFixed
6.
Hourly wages of the assembly-line workers
MixedVariableFixed
7.
Rental of U-Haul charged based on daily rate plus km
driven
VariableMixedFixed
8.
Depreciation on the building
FixedMixedVariable
9.
Rent paid for office space
MixedFixedVariable
10.
Maintenance costs of delivery vans
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