The costs that are easiest to trace directly to products are
a. direct materials and direct labor.
b. direct labor and overhead.
c. direct materials and overhead.
d. none of the above; all three costs are equally easy to trace to the product.
Option a : Direct material and direct labor are the costs that are easiest to trace directly to products.
Option b : Direct labor cost can be easily traced whereas the cost of overhead cannot be traced easily because it includes many continuous operating costs which is not so easy to trace.
Option c : Direct materials cost can be easily traced whereas the cost of overhead cannot be traced easily because it includes many operating costs which is not so easy to trace
Option d : All three costs are not easy to trace. So this option is also incorrect
Hence the correct answer is Option A - Direct material and Direct labour.
The costs that are easiest to trace directly to products are a. direct materials and direct...
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Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor Product A $20,000 12,000 Product B $15,000 24,000 29 The company's overhead costs of $108,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.) Multiple Choice $68,000 $36.000 None of the answers are correct $111.000
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answer all 4 multiple choice questions
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