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Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows. The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead, and (d) period costs. For each item, indicate the cost category to which it belongs. Item Category Property taxes on the factory building. rini Production superintendents’ salaries. mi Memory boards and chips used in assembling computers. Depreciation on the...
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Exercise 10-5 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations we as follows. The company intends to asily these costs and expenses into the following categories: (a) direct materias (1) direct labor. (c) manufacturing overhead, and (d) period costs For each item, indicate the cost category to which it belongs. Them Category 1. Property taxes on the factory building Production superintendents' salaries 3. Memory boards and chips used in assembling computers, Direct...
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Instructions (a) Identify each of the above costs as direct materials, direct labor, manufactu head, or period costs. (b) Explain the basic difference in accounting for product costs and period costs. ect labor, manufacturing over- $69,100 46,400 E14.4 Knight Company reports the following costs and expenses in May. Factory utilities $ 15,500 Direct labor Depreciation on factory Sales salaries equipment 12,650 Property taxes on factory Depreciation on delivery trucks 3,800 building Indirect factory labor 48,900 Repairs to office equipment Indirect...
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help please
Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows The company intends to classify these costs and expenses into the following categories: (a) direct materials. (b) direct labore manufacturing overhead, and (d) period costs. For each item, indicate the cost category to which it belongs. Item Category 1. Property taxes on the factory building. Production superintendents' salaries. Memory boards and chips used in assembling computers. Depreciation on the...
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Gala Company is a manufacturer of laptop computers. Various
costs and expenses associated with its operations are as
follows.
The company intends to classify these costs and expenses into the
following categories: (a) direct materials, (b) direct labor, (c)
manufacturing overhead, and (d) period costs.
For each item, indicate the cost category to which it belongs.
Item
Category
1.
Property taxes on the factory building.
Period Costs Direct Materials Direct Labor Manufacturing Overhead
Direct Materials and Manufacturing Overhead
2.
Production...
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Exercise 14-05 Your answer is partially correct. Try again. Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows. The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead, and (d) period costs. For each item, indicate the cost category to which it belongs. Item Category 1. Property taxes on the factory building. 2. Production superintendents' salaries. 3. Memory...
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Knight Company reports the following costs and expenses in May $72000 47.500 4,700 Property taxes on factory building 2.600 1900 2.350 15,500 2,790 Factory utilities $ 17.000 Direct labor Depreciation on factory equipment 13950 Sales salaries Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 49.900 Repairs to office equipment 82.600 Factory repairs 141700 Advertising 8.300 Office supplies used From the informationDetermine the total amount of manufacturing overhéad Manufacturing overhead
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Exercise 14-05
Gala Company is a manufacturer of laptop computers. Various
costs and expenses associated with its operations are as
follows.
The company intends to classify these costs and expenses into the
following categories: (a) direct materials, (b) direct labor, (c)
manufacturing overhead, and (d) period costs.
For each item, indicate the cost category to which it
belongs.
Item
Category
1.
Property taxes on the factory building.
select a cost category
Period CostsManufacturing OverheadDirect LaborDirect Materials and
Manufacturing OverheadDirect Materials...
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*Exercise 10-4 (Part Level Submission) Knight Company reports the following costs and expenses in May. $15,500 Direct labor $69,100 Factory utilities Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 2,500 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 48,900 80,800 137,600 8,000 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 1,300 2,000 15,000 2,640 From the information: *(a) Your answer is correct. Determine the total...
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*Exercise 10-4 (Part Level Submission) Knight Company reports the following costs and expenses in May. $15,500 Direct labor $69,100 Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 2,500 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 48,900 80,800 137,600 8,000 Property taxes on factory building Repairs to office equipment Factory repairs Advertising office supplies used 1,300 2,000 15,000 2,640 From the information: *(a) Your answer is correct. Determine the total amount of...
Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows. The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead, and (d) period costs. For each item, indicate the cost category to which it belongs. Item Category Property taxes on the factory building. rini Production superintendents’ salaries. mi Memory boards and chips used in assembling computers. Depreciation on the...
Exercise 10-5 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations we as follows. The company intends to asily these costs and expenses into the following categories: (a) direct materias (1) direct labor. (c) manufacturing overhead, and (d) period costs For each item, indicate the cost category to which it belongs. Them Category 1. Property taxes on the factory building Production superintendents' salaries 3. Memory boards and chips used in assembling computers, Direct...
Instructions (a) Identify each of the above costs as direct materials, direct labor, manufactu head, or period costs. (b) Explain the basic difference in accounting for product costs and period costs. ect labor, manufacturing over- $69,100 46,400 E14.4 Knight Company reports the following costs and expenses in May. Factory utilities $ 15,500 Direct labor Depreciation on factory Sales salaries equipment 12,650 Property taxes on factory Depreciation on delivery trucks 3,800 building Indirect factory labor 48,900 Repairs to office equipment Indirect...
help please
Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows The company intends to classify these costs and expenses into the following categories: (a) direct materials. (b) direct labore manufacturing overhead, and (d) period costs. For each item, indicate the cost category to which it belongs. Item Category 1. Property taxes on the factory building. Production superintendents' salaries. Memory boards and chips used in assembling computers. Depreciation on the...
Gala Company is a manufacturer of laptop computers. Various
costs and expenses associated with its operations are as
follows.
The company intends to classify these costs and expenses into the
following categories: (a) direct materials, (b) direct labor, (c)
manufacturing overhead, and (d) period costs.
For each item, indicate the cost category to which it belongs.
Item
Category
1.
Property taxes on the factory building.
Period Costs Direct Materials Direct Labor Manufacturing Overhead
Direct Materials and Manufacturing Overhead
2.
Production...
Exercise 14-05 Your answer is partially correct. Try again. Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows. The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead, and (d) period costs. For each item, indicate the cost category to which it belongs. Item Category 1. Property taxes on the factory building. 2. Production superintendents' salaries. 3. Memory...
Knight Company reports the following costs and expenses in May $72000 47.500 4,700 Property taxes on factory building 2.600 1900 2.350 15,500 2,790 Factory utilities $ 17.000 Direct labor Depreciation on factory equipment 13950 Sales salaries Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 49.900 Repairs to office equipment 82.600 Factory repairs 141700 Advertising 8.300 Office supplies used From the informationDetermine the total amount of manufacturing overhéad Manufacturing overhead
Exercise 14-05
Gala Company is a manufacturer of laptop computers. Various
costs and expenses associated with its operations are as
follows.
The company intends to classify these costs and expenses into the
following categories: (a) direct materials, (b) direct labor, (c)
manufacturing overhead, and (d) period costs.
For each item, indicate the cost category to which it
belongs.
Item
Category
1.
Property taxes on the factory building.
select a cost category
Period CostsManufacturing OverheadDirect LaborDirect Materials and
Manufacturing OverheadDirect Materials...
*Exercise 10-4 (Part Level Submission) Knight Company reports the following costs and expenses in May. $15,500 Direct labor $69,100 Factory utilities Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 2,500 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 48,900 80,800 137,600 8,000 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 1,300 2,000 15,000 2,640 From the information: *(a) Your answer is correct. Determine the total...
*Exercise 10-4 (Part Level Submission) Knight Company reports the following costs and expenses in May. $15,500 Direct labor $69,100 Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 2,500 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 48,900 80,800 137,600 8,000 Property taxes on factory building Repairs to office equipment Factory repairs Advertising office supplies used 1,300 2,000 15,000 2,640 From the information: *(a) Your answer is correct. Determine the total amount of...