Homework Answers
Direct Materials, Direct Labor, and manufacturing overhead
Reason:-
All of them are part of the production cost. In other choices, selling cost, administration cost are also there but they are not part of the production.
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QUESTION 20 Which of the following should be classified as production costs? Direct materials and selling...
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4) Product (or manufacturing) costs consists of a) Direct materials, direct labor, and selling costs b) Direct materials, direct labor, manufacturing overhead, and operating expenses c) Administrative cost and conversion cost d) Selling and administrative costs
20. Costs other than direct materials cost and direct labor cost incurred in the manufacturing process...
20. Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as a. factory overhead cost b. miscellaneous expense c. product costs d. period cost 21. Which of the following is an example of a factory overhead cost? a. repair and maintenance cost on the administrative building b. factory heating and lighting cost e. insurance premiums on salespersons' automobiles d. president's salary 22. Prime costs are a direct materials and factory overhead b....
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ncome Statements under The reporting of the costs of manufactured products, normally direct materials, direct labor,...
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I. Match: Determine whether each of the following is classified as a. Direct Materials b. Direct...
I. Match: Determine whether each of the following is classified as a. Direct Materials b. Direct labor c. Manufacturing overhead. Write the appropriate letter in the space provided. A Factory machinery lubricants B. Depreciation on manufacturing building D. Wood used in manufacturing furniture C. Assembly line worker's wages Salaries for the night security guards for the factory building Glue, nails and other small parts used in production Insurance on factory machines Factory supervisor's salaries Metal used in manufacturing process -...
Consider the following costs: £ Production supervisor‘s salary 34,000 Direct materials 27,000 Selling expenses 16,000 Indirect...
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The following costs were incurred in September Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...
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The following costs were incurred in April: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative...
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4) Product (or manufacturing) costs consists of a) Direct materials, direct labor, and selling costs b) Direct materials, direct labor, manufacturing overhead, and operating expenses c) Administrative cost and conversion cost d) Selling and administrative costs
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8. Which of the following are period costs? A) Raw materials B) Direct materials and direct labor C) Direct labor and manufacturing overhead D) Selling expenses
QUESTION 8 Which of the following employees of a commercial printer/publisher would be classified as direct labor? O Book binder. O Plant security guard O Sales representative Plant supervisor. O Payroll supervisor QUESTION 9 4 points Save Which of the following is not a period cost? O Legal costs O Public relations costs O Sales commissions. O Wages of assembly-line workers. O The salary of a company's chief financial officer (CFO) QUESTION 10 Materials used in the operation of a...
I. Match: Determine whether each of the following is classified as a. Direct Materials b. Direct labor c. Manufacturing overhead. Write the appropriate letter in the space provided. A Factory machinery lubricants B. Depreciation on manufacturing building D. Wood used in manufacturing furniture C. Assembly line worker's wages Salaries for the night security guards for the factory building Glue, nails and other small parts used in production Insurance on factory machines Factory supervisor's salaries Metal used in manufacturing process -...
The following costs were incurred in September Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $42.700 $29.400 $27.300 $23.600 $33.700 Conversion costs during the month totaledi O $56,700 $72.100 O $156,700 O $70,000
The following costs were incurred in April: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $57.000 $48.000 $40,000 $36.0po $51,000 Conversion costs during the month totaled: O $97.000 O $88.000 O $232.000 O $124.000
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