Homework Answers
| Item | category | |||||||||
| 1 | salaries for assembly line inspectors | Direct labor or manufacturing overhead | ||||||||
| 2 | insurance on factory machines | manufacturing overhead | ||||||||
| 3 | property taxes on the factory building | manufacturing overhead | ||||||||
| 4 | factory repairs | manufacturing overhead | ||||||||
| 5 | upholstery used in manufacturing furniture | direct material | ||||||||
| 6 | wages paid to assembly line workers | direct labor | ||||||||
| 7 | factory machinery depreciation | manufacturing overhead | ||||||||
| 8 | glue, nails, paint & other small parts used in production | manufacturing overhead | ||||||||
| 9 | factory supervisors salaries | manufacturing overhead | ||||||||
| 10 | wood used in manufacturing furniture | direct material | ||||||||
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Exercise 10-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation,...
Exercise 1-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation,...
Exercise 1-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory. Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (C) manufacturing overhead Item Category Salaries for assembly line inspectors. Insurance on factory machines Property taxes on the factory building actory repairs. E Upholstery used in manufacturing furniture. Wages paid to assembly line workers. Ezactory machinery depreciation Glue, nails, paint, and other...
Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in...
Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory. Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (c) manufacturing overhead. Item Category 1. Salaries for assembly line inspectors. 2. Insurance on factory machines. 3. Property taxes on the factory building. 4. Factory repairs. 5. Upholstery used in manufacturing furniture. 6. Wages paid to assembly line workers. 7. Factory machinery depreciation. 8....
Exercise 1-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation,...
Exercise 1-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory. Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (c) manufacturing overhead. Item Category 1Salaries for assembly line inspectors. Insurance on factory machines Property taxes on the factory building. Factory repairs E Upholstery used in manufacturing furniture Wages paid to assembly line workers. Factory machinery depreciation. Glue, nails, paint, and other...
U trect the statement ually incurred by Barum Corporation list of costs and expens cturer of...
U trect the statement ually incurred by Barum Corporation list of costs and expens cturer of furniture, in its factory Saries for assembly line inspectors Insurance on factory machines Property taxes on the factory building Factory repairs Upholstery used in manufacturing furniture Wages paid to assembly line workers Factory machinery depreciation Glue, nails, paint, and other small parts used in production 9. Factory supervisors' salaries. 10. Wood used in manufacturing furniture Instructions dify the above items into the following categories:...
Exercise 10-5 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with...
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...
Exercise 14-05 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with...
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...
c. Total quality management (TQM) d. Research and development, and product design I uusines 1. Just-in-time...
c. Total quality management (TQM) d. Research and development, and product design I uusines 1. Just-in-time (IT) inventory R. Sarbanes-Oxley Act (SOX) h. Global Reporting Initiative Exercises Ident E1.1 (LO 1), Justin Bleeber has prepared the following list of statements about managerial account ing, financial accounting, and the functions of management 1. Financial accounting focuses on providing information to internal users. 2. Stall positions are directly involved in the company's primary revenue generating activities 3. Preparation of budgets is part...
Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations...
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...
Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations...
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 14-05 Your answer is partially correct. Try again. Gala Company is a manufacturer of laptop...
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...
Exercise 1-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory. Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (C) manufacturing overhead Item Category Salaries for assembly line inspectors. Insurance on factory machines Property taxes on the factory building actory repairs. E Upholstery used in manufacturing furniture. Wages paid to assembly line workers. Ezactory machinery depreciation Glue, nails, paint, and other...
Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory. Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (c) manufacturing overhead. Item Category 1. Salaries for assembly line inspectors. 2. Insurance on factory machines. 3. Property taxes on the factory building. 4. Factory repairs. 5. Upholstery used in manufacturing furniture. 6. Wages paid to assembly line workers. 7. Factory machinery depreciation. 8....
Exercise 1-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory. Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (c) manufacturing overhead. Item Category 1Salaries for assembly line inspectors. Insurance on factory machines Property taxes on the factory building. Factory repairs E Upholstery used in manufacturing furniture Wages paid to assembly line workers. Factory machinery depreciation. Glue, nails, paint, and other...
U trect the statement ually incurred by Barum Corporation list of costs and expens cturer of furniture, in its factory Saries for assembly line inspectors Insurance on factory machines Property taxes on the factory building Factory repairs Upholstery used in manufacturing furniture Wages paid to assembly line workers Factory machinery depreciation Glue, nails, paint, and other small parts used in production 9. Factory supervisors' salaries. 10. Wood used in manufacturing furniture Instructions dify the above items into the following categories:...
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...
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...
c. Total quality management (TQM) d. Research and development, and product design I uusines 1. Just-in-time (IT) inventory R. Sarbanes-Oxley Act (SOX) h. Global Reporting Initiative Exercises Ident E1.1 (LO 1), Justin Bleeber has prepared the following list of statements about managerial account ing, financial accounting, and the functions of management 1. Financial accounting focuses on providing information to internal users. 2. Stall positions are directly involved in the company's primary revenue generating activities 3. Preparation of budgets is part...
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...
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 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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