Property taxes incurred on the factory would be considered a(n): A. Manufacturing overhead cost B. Direct...
Property taxes incurred on the factory would be considered a(n):
A.
Manufacturing overhead cost
B.
Direct material cost
C.
Period cost
D.
Direct cost
Denim used to manufacture jeans would be considered a(n):
A.
Indirect material cost
B.
Direct material cost
C.
Manufacturing overhead cost
D.
Period cost
Assembly line worker's wages would be considered a(n):
A.
Indirect cost
B.
Direct labor cost
C.
Manufacturing overhead cost
D.
Period cost
Depreciation on printers at sales office would be considered a(n):
A.
Manufacturing overhead cost
B.
Product cost
C.
Direct cost
D.
Period cost
Homework Answers
Add Answer to:
Property taxes incurred on the factory would be considered
a(n):
A.
Manufacturing overhead cost
B.
Direct...
34. Which of the following is part of factory overhead cost? a. sales commissions b. depreciation of f...
34. Which of the following is part of factory overhead cost? a. sales commissions b. depreciation of factory equipment and machines c. depreciation of sales person's vehicle d. direct materials used ANSWER: b 35. Which of the following manufacturing costs is an indirect cost of producing a product? a. oil lubricants used for factory machinery b. commissions for sales personnel c. hourly wages of an assembly worker d. memory chips for a microcomputer manufacturer 36. All of the following could...
Manufacturing overhead costs incurred: Indirect materials $15,000 Indirect labor 130,000 Property taxes, factory 8,000 Utilities, factory...
Manufacturing overhead costs incurred: Indirect materials $15,000 Indirect labor 130,000 Property taxes, factory 8,000 Utilities, factory 70,000 Depreciation, factory 240,000 Insurance, factory 10,000 Total actual manufacturing overhead costs incurred $473,000 Other costs incurred: Purchases of raw materials (both direct and indirect) $400,000 Direct labor cost $60,000 Inventories: Raw materials, beginning $20,000 Raw materials, ending $30,000 Work in process, beginning $20,000 Work in process, ending $70,000 The company uses a predetermined overhead rate of $25 per machine-hour to apply overhead...
Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance,...
Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) $400,00e Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 15,00e 130,e00 8,000 240,000 10,000 $473,00e $ 20,00e 30,000 $ 40,000e $ 70,00e The company uses a predetermined overhead rate of $25 per machine-hour to apply...
juattoleE year Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation,...
juattoleE year Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories Raw materials, beginning Raw materlals, ending work in process, beginning Work in process, ending $ 16,6e8 146,eee 9,600 86,eee 252,700 11,6e0 $522,5e0 $ 416,000 $76,e00 $ 21,600 $ 31,6e0 $ 41.6ee $ 71.600 The company uses a predetermined overhead rate...
Manufacturing overhead costs incurred Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factoryy Insurance,...
Manufacturing overhead costs incurred Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factoryy Insurance, factory $ 15,900 139,000 8,900 79,000 150,300 10,900 Total actual manufacturing overhead costs incurred $ 404,000 Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost $ 409,000 $ 69,000 Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 20,900 $ 30,900 $ 40,900 $ 70,900 The company uses a predetermined overhead rate to...
which of the following is considered a variable manufacturing overhead cost? Factory rent Direct labor c...
which of the following is considered a variable manufacturing overhead cost? Factory rent Direct labor c Factory utilities d. Direct materials Which of the following costs is considered a direct cost? Depreciation on machinery b. Glue used in the manufacturing process c. The superintendent's salary d. Factory insurance c. Assembly-line labor costs The cost of rent for a manufacturing plant is generally considered to be a: Fixed cost Overhead cost No Yes No No No Yes Yes Yes When production...
Finished Goods Inventory Manufacturing Overhead Operating Overhead Prepaid Insurance Prepaid Property Taxes Property Tax Payable Raw...
Finished Goods Inventory Manufacturing Overhead Operating Overhead Prepaid Insurance Prepaid Property Taxes Property Tax Payable Raw Materials Inventory Salaries and Wages Payable Sales Revenue Service Contracts in Process Service Salaries and Wages Supplies Utilities Payable Fort Corporation had the following transactions during its first month of operations: 1. Purchased raw materials on account, $85,000. 2. Raw Materials of $30,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,000 was classiñed as indirect materials. 3....
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 -...
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
Which of the following can be considered as variable cost? Select one: A. Direct Material and Manufacturing overhead. B...
Which of the following can be considered as variable cost? Select one: A. Direct Material and Manufacturing overhead. B. Manufacturing Overhead. C. Direct Material and Direct Labour. D. Direct Labour and Manufacturing Overhead.
Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) $400,00e Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 15,00e 130,e00 8,000 240,000 10,000 $473,00e $ 20,00e 30,000 $ 40,000e $ 70,00e The company uses a predetermined overhead rate of $25 per machine-hour to apply...
juattoleE year Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories Raw materials, beginning Raw materlals, ending work in process, beginning Work in process, ending $ 16,6e8 146,eee 9,600 86,eee 252,700 11,6e0 $522,5e0 $ 416,000 $76,e00 $ 21,600 $ 31,6e0 $ 41.6ee $ 71.600 The company uses a predetermined overhead rate...
Manufacturing overhead costs incurred Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factoryy Insurance, factory $ 15,900 139,000 8,900 79,000 150,300 10,900 Total actual manufacturing overhead costs incurred $ 404,000 Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost $ 409,000 $ 69,000 Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 20,900 $ 30,900 $ 40,900 $ 70,900 The company uses a predetermined overhead rate to...
which of the following is considered a variable manufacturing overhead cost? Factory rent Direct labor c Factory utilities d. Direct materials Which of the following costs is considered a direct cost? Depreciation on machinery b. Glue used in the manufacturing process c. The superintendent's salary d. Factory insurance c. Assembly-line labor costs The cost of rent for a manufacturing plant is generally considered to be a: Fixed cost Overhead cost No Yes No No No Yes Yes Yes When production...
Finished Goods Inventory Manufacturing Overhead Operating Overhead Prepaid Insurance Prepaid Property Taxes Property Tax Payable Raw Materials Inventory Salaries and Wages Payable Sales Revenue Service Contracts in Process Service Salaries and Wages Supplies Utilities Payable Fort Corporation had the following transactions during its first month of operations: 1. Purchased raw materials on account, $85,000. 2. Raw Materials of $30,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,000 was classiñed as indirect materials. 3....
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 -...
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
Which of the following can be considered as variable cost? Select one: A. Direct Material and Manufacturing overhead. B. Manufacturing Overhead. C. Direct Material and Direct Labour. D. Direct Labour and Manufacturing Overhead.
Most questions answered within 3 hours.
-
Write the net ionic equation for the precipitation reaction that
occurs when aqueous solutions of potassium...
asked 7 minutes ago -
it
should be written in c++
Your program should take numbers from the user until the...
asked 13 minutes ago -
Buses are powered by chemical reactions. Define matter and the
four states of matter. What is...
asked 31 minutes ago -
Use conservation of energy to find the velocity of a free point
charge q1 at 22cm...
asked 38 minutes ago -
First, describe policies promoted by governments of the
political right to address economic globalization. Second, describe...
asked 55 minutes ago -
M2-9 Completing T-Accounts LO2-4
Following are the transactions of Dennen, Inc., for the month of
January....
asked 56 minutes ago -
Write a program using python that reads from values from a text
file and plots them...
asked 57 minutes ago -
Look up the density of
the metal of the object used in parts A and B...
asked 56 minutes ago -
Discuss strategic considerations that Amazon and NYC politicians
had. Analyze why the deal between Amazon and...
asked 59 minutes ago -
A combustion reaction is describes as a carbon source reacting
with oxygen and producing carbon dioxide...
asked 1 hour ago -
Buckminsterfullerence is a recently allotrope of carbon in which
carbon atoms form molecules of formula C_60,...
asked 1 hour ago -
Lower Equitorial and Upper Equitorial are the same except Lower
Equitorial has a larger capital stock....
asked 1 hour ago