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S2-4 Classify costs as direct or indirect (Learning Objective 3) Classify each of the following costs...
h. Purchase of strawberries used in Smucker's Strawberry Preserves i. Depreciation on food research lab -4...
h. Purchase of strawberries used in Smucker's Strawberry Preserves i. Depreciation on food research lab -4 Classify costs as direct or indirect (Learning Objective 3) Classify each of the following costs as a direct cost or an indirect cost, assuming that the cost object is the Juniors Department (clothing and accessories for teenage and young women) in the Stow Kohl's department store. (Kohl's is a chain of department stores and has stores located across the United States.) a. Juniors Department...
Ch Problem 1-18 Direct and Indirect Costs; Variable Costs [LO1-1, LO1-4] The following costidata pertain to...
Ch Problem 1-18 Direct and Indirect Costs; Variable Costs [LO1-1, LO1-4] The following costidata pertain to the operations of Montgomery Department Stores, Inc., .or the month of July. Corporate legal office salaries Apparel Department cost of sales-Evendale Store Corporate headquarters building lease Store manager's salary-Evendale Store Apparel Department sales commission-Evendale Store Store utilities-Evendale Store Apparel Department manager's salary-Evendale Store Central warehouse lease cost Janitorial costs-Evendale Store 69,000 117,900 63,900 18,000 $ 10,009 13,400 12,800 23,800 $11,200 The Evendale Store is...
plzz help Problem 1-18 Direct and Indirect Costs; Variable Costs [L01-1, LO1-4] The following cost data pertain to the o...
plzz help
Problem 1-18 Direct and Indirect Costs; Variable Costs [L01-1, LO1-4] The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July. Corporate legal office salaries Apparel Department cost of sales-Evendale Store Corporate headquarters building lease Store manager's salary-Evendale Store Apparel Department sales commission-Evendale Store Store utilities-Evendale Store Apparel Department manager's salary-Evendale Store Central warehouse lease cost Janitorial costs-Evendale Store $ 60,900 $ 117,300 $ 53,400 $ 12,400 $ 9,850 $ 18,800...
Problem 1-18 Direct and Indirect Costs; Variable Costs [L01-1, LO1-4] The following cost data pertain to...
Problem 1-18 Direct and Indirect Costs; Variable Costs [L01-1, LO1-4] The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July Corporate legal office salaries Apparel Department cost of sales-Evendale Store Corporate headquarters building lease Store manager's salary-Evendale Store Apparel Department sales commission-Evendale Store Store utilities-Evendale Store Apparel Department manager s salary-Evendale Store Central warehouse lease cost Janitorial costs-Evendale Store s 65,600 $ 107,100 $58,600 $ 19,900 $11,600 $ 12,200 $8,050 $ 24,600...
Cost Classification Classify each of the following costs relative to the cost object “customer” for a...
Cost Classification Classify each of the following costs relative to the cost object “customer” for a clothing retailer: Product or Period Variable, Fixed, or Mixed Direct or Indirect Salesperson wages Answer Answer Answer Store manager salary Answer Answer Answer Depreciation on furniture and fixtures Answer Answer Answer Cost of merchandise Answer Answer Answer Online advertising Answer Answer Answer Cost of discount coupon Answer Answer Answer Store lease expense Answer Answer Answer
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $6.20 $3.10 $1.35 $14,000 $1.50 $0.40 $ 4,500 If 6,000 units are produced, the total amount of direct manufacturing cost incurred is closest to: Multiple Choice 0 $63,900 0 $55,800 0 $64,800 0 $80,700 Corporate legal office salaries $68,000 Shoe Department cost of sales--Brentwood $66,000 Store Corporate...
Problems Problem I (10 Points) Classify the following costs for an auto manufacturers either direct materials,...
Problems Problem I (10 Points) Classify the following costs for an auto manufacturers either direct materials, direct labor manufacturing overhead, or period costs Direct Direct Manufacturi Materials Lahor Overhead Steel tein tomobiles Assembly department employee wages c. Unility costs used in executive bilding d. Travel Costs of sales personnel e. Cost of shipping goods to customers Property taxes on assembly plan sa Glass in automobiles h. Factory maintenance supplies Depreciation on assembly plant Plant manager's salary RCEO's salary 1. Depreciation...
Instructions (a) Identify each of the above costs as direct materials, direct labor, manufactu head, or...
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...
The following cost data pertain to the operations of Quinonez Department Stores, Inc., for the month...
The following cost data pertain to the operations of Quinonez Department Stores, Inc., for the month of September Corporate headquarters building lease $84,600 Cosmetics Department sales commissions -- Northridge Store $ 5,740 Corporate legal office salaries $59,900 Store manager's salary-Northridge Store $11,700 Heating-Northridge Store $16,800 Cosmetics Department cost of sales - - Northridge Store $33,300 Central warehouse lease cost $ 6,500 Store security-Northridge Store $15,800 Cosmetics Department manager's salary-- Northridge Store $ 4,870 The Northridge Store is just one of...
Classifying Costs The following is a list of costs incurred by several business Classify each of...
Classifying Costs The following is a list of costs incurred by several business Classify each of the following costs as product costs or period costs. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost is a selling expense or an administrative expense: Costs Classification a. Cost of fabric used by dothing manufacturer b. Maintenance and repair costs for factory equipment c. Rent for a warehouse...
h. Purchase of strawberries used in Smucker's Strawberry Preserves i. Depreciation on food research lab -4 Classify costs as direct or indirect (Learning Objective 3) Classify each of the following costs as a direct cost or an indirect cost, assuming that the cost object is the Juniors Department (clothing and accessories for teenage and young women) in the Stow Kohl's department store. (Kohl's is a chain of department stores and has stores located across the United States.) a. Juniors Department...
Ch Problem 1-18 Direct and Indirect Costs; Variable Costs [LO1-1, LO1-4] The following costidata pertain to the operations of Montgomery Department Stores, Inc., .or the month of July. Corporate legal office salaries Apparel Department cost of sales-Evendale Store Corporate headquarters building lease Store manager's salary-Evendale Store Apparel Department sales commission-Evendale Store Store utilities-Evendale Store Apparel Department manager's salary-Evendale Store Central warehouse lease cost Janitorial costs-Evendale Store 69,000 117,900 63,900 18,000 $ 10,009 13,400 12,800 23,800 $11,200 The Evendale Store is...
plzz help
Problem 1-18 Direct and Indirect Costs; Variable Costs [L01-1, LO1-4] The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July. Corporate legal office salaries Apparel Department cost of sales-Evendale Store Corporate headquarters building lease Store manager's salary-Evendale Store Apparel Department sales commission-Evendale Store Store utilities-Evendale Store Apparel Department manager's salary-Evendale Store Central warehouse lease cost Janitorial costs-Evendale Store $ 60,900 $ 117,300 $ 53,400 $ 12,400 $ 9,850 $ 18,800...
Problem 1-18 Direct and Indirect Costs; Variable Costs [L01-1, LO1-4] The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July Corporate legal office salaries Apparel Department cost of sales-Evendale Store Corporate headquarters building lease Store manager's salary-Evendale Store Apparel Department sales commission-Evendale Store Store utilities-Evendale Store Apparel Department manager s salary-Evendale Store Central warehouse lease cost Janitorial costs-Evendale Store s 65,600 $ 107,100 $58,600 $ 19,900 $11,600 $ 12,200 $8,050 $ 24,600...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $6.20 $3.10 $1.35 $14,000 $1.50 $0.40 $ 4,500 If 6,000 units are produced, the total amount of direct manufacturing cost incurred is closest to: Multiple Choice 0 $63,900 0 $55,800 0 $64,800 0 $80,700 Corporate legal office salaries $68,000 Shoe Department cost of sales--Brentwood $66,000 Store Corporate...
Problems Problem I (10 Points) Classify the following costs for an auto manufacturers either direct materials, direct labor manufacturing overhead, or period costs Direct Direct Manufacturi Materials Lahor Overhead Steel tein tomobiles Assembly department employee wages c. Unility costs used in executive bilding d. Travel Costs of sales personnel e. Cost of shipping goods to customers Property taxes on assembly plan sa Glass in automobiles h. Factory maintenance supplies Depreciation on assembly plant Plant manager's salary RCEO's salary 1. Depreciation...
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...
The following cost data pertain to the operations of Quinonez Department Stores, Inc., for the month of September Corporate headquarters building lease $84,600 Cosmetics Department sales commissions -- Northridge Store $ 5,740 Corporate legal office salaries $59,900 Store manager's salary-Northridge Store $11,700 Heating-Northridge Store $16,800 Cosmetics Department cost of sales - - Northridge Store $33,300 Central warehouse lease cost $ 6,500 Store security-Northridge Store $15,800 Cosmetics Department manager's salary-- Northridge Store $ 4,870 The Northridge Store is just one of...
Classifying Costs The following is a list of costs incurred by several business Classify each of the following costs as product costs or period costs. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost is a selling expense or an administrative expense: Costs Classification a. Cost of fabric used by dothing manufacturer b. Maintenance and repair costs for factory equipment c. Rent for a warehouse...
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