Homework Answers
Indirect materials and indirect labor are classified as Manufacturing overheads.
All expenses incurred for the production of goods other than direct materials and direct labor are termed as manufacturing overheads.
The total of direct materials and direct labor is termed as prime cost and the total of direct materials, direct labor and manufacturing overhead termed as total manufacturing cost.
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Fill in the blanks Question 194 Indirect materials and indirect labor are classified as Question Attempts:...
Question 1 Which one of the following would not be classified as manufacturing overhead? Indirect labor...
Question 1 Which one of the following would not be classified as manufacturing overhead? Indirect labor Direct materials Insurance on factory building Indirect materials
Fill in the blanks Question 192 The three cost elements in manufacturing a product are (1)...
Fill in the blanks Question 192 The three cost elements in manufacturing a product are (1) and (3) Question Attempts: 0 of 1 used
When used, raw materials A. would be classified as direct materials. B. would be classified as...
When used, raw materials A. would be classified as direct materials. B. would be classified as direct labor. C. would be classified as indirect materials. D. cannot be determined with the information provided.
fill in the blanks: Direct Labour costs are those incurred by employees______________________________________________________________________________________ Indirect Labour costs are...
fill in the blanks: Direct Labour costs are those incurred by employees______________________________________________________________________________________ Indirect Labour costs are those incurred by ________________________________________________________________________________________________
The wages of a timekeeper in the factory would be classified as indirect labor. compliance costs....
The wages of a timekeeper in the factory would be classified
as
indirect labor.
compliance costs.
direct labor.
a period cost.
Prime cost is direct materials cost and direct labor cost. indirect materials cost and direct labor...
Prime cost is direct materials cost and direct labor cost. indirect materials cost and direct labor cost. direct labor cost and indirect labor cost. direct materials cost and indirect labor cost.
Advertising Costs $9,700 Indirect Labor 38,000 CEO's Salary 550,000 Direct Labor 45,000 Indirect Materials Used 7,500...
Advertising Costs $9,700 Indirect Labor 38,000 CEO's Salary 550,000 Direct Labor 45,000 Indirect Materials Used 7,500 Direct Materials Used 62,000 Factory Utilities 760 Factory Janitorial Costs 3,400 Manufacturing Equipment Depreciation 3,300 Delivery Vehicle Depreciation 3,500 Administrative Wages and Salaries 21,000 Calculate Moreau Manufacturing's total product costs. O A. $152,500 B. $584,200 OC. $159,960 OD. $107,000
A factory supervisor's wages are classified as: Manufacturing Indirect labor Overhead No A) No Yes Yes...
A factory supervisor's wages are classified as: Manufacturing Indirect labor Overhead No A) No Yes Yes Yes No D) No Yes
27 Fill in the blanks. The Best Toy Co. makes custom ordered wooden toys. Based on...
27 Fill in the blanks. The Best Toy Co. makes custom ordered wooden toys. Based on the product they manufacture, classify the following costs as direct or indirect materials: Wood, Safety equipment, Tools, Decorative items, Glue, Wheels Direct Materials Indirect Materials
Sales commissions are classified as overhead costs. indirect labor. period costs. product costs.
Sales commissions are classified as
overhead costs.
indirect labor.
period costs.
product costs.
Question 1 Which one of the following would not be classified as manufacturing overhead? Indirect labor Direct materials Insurance on factory building Indirect materials
Fill in the blanks Question 192 The three cost elements in manufacturing a product are (1) and (3) Question Attempts: 0 of 1 used
The wages of a timekeeper in the factory would be classified
as
indirect labor.
compliance costs.
direct labor.
a period cost.
Advertising Costs $9,700 Indirect Labor 38,000 CEO's Salary 550,000 Direct Labor 45,000 Indirect Materials Used 7,500 Direct Materials Used 62,000 Factory Utilities 760 Factory Janitorial Costs 3,400 Manufacturing Equipment Depreciation 3,300 Delivery Vehicle Depreciation 3,500 Administrative Wages and Salaries 21,000 Calculate Moreau Manufacturing's total product costs. O A. $152,500 B. $584,200 OC. $159,960 OD. $107,000
A factory supervisor's wages are classified as: Manufacturing Indirect labor Overhead No A) No Yes Yes Yes No D) No Yes
27 Fill in the blanks. The Best Toy Co. makes custom ordered wooden toys. Based on the product they manufacture, classify the following costs as direct or indirect materials: Wood, Safety equipment, Tools, Decorative items, Glue, Wheels Direct Materials Indirect Materials
Sales commissions are classified as
overhead costs.
indirect labor.
period costs.
product costs.
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