Homework Answers
FACTORY RENT is the correct answer . Factory rent comes under manufacturing overhead.
maretial used and wood tomake desk top comes under direct material and assembly line workers wages comes under direct labour.thus the right answer is factory rent which is an overhead cost.
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In the production of a desk, which of the following is an overhead cost? metal used...
Which of the following is a manufacturing overhead cost for a car assembly plant: A. Assembly...
Which of the following is a manufacturing overhead cost for a car assembly plant: A. Assembly workers' wages B. Cost of engines and transmissions for cars C. Maintenance costs for production equipment D. Cost of steel used to make car bodies E. Both C and D
Can I recieve help on this problem? Coronado, Inc., manufactures clamps used in the overhead bin...
Can I recieve help on this problem?
Coronado, Inc., manufactures clamps used in the overhead bin latches of several leading airplane models. Richard Miller, president of Coronado, Inc., has gathered the following cost information from the company's accounting records for the latest month of operations. Advertising Fire insurance premium for the factory building Sales office utilities Air filters for the buffing machines used to produce the clamps Aluminum used to produce the clamps Rent on the factory building Freight to...
- Which of the following is a period cost: A. monthly salaries of production supervisors ($6.000)...
- Which of the following is a period cost: A. monthly salaries of production supervisors ($6.000) B. assembly workers' wages. ($15 per bour) C. marketing manager's bonus (a fixed percentage of sales) D. annual rent for the factory building (550,000) E both A and D are period costs
Complete the total amounts for each column. Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period...
Complete the total amounts for each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
Complete the total amounts of each column. Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period...
Complete the total amounts of each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
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...
Identify each of the following costs as either a product cost or a period cost. Period...
Identify each of the following costs as either a product cost or a period cost. Period cost 1. Production manager's salary 2. Administrative expenses 3. Income tax expense 4. Office supplies used 5. Accident insurance-Factory workers 6. Factory utilities 7. Factory maintenance 8. Sales commissions Period cost Product cost Product cost (Product cost Period cost Identify each of the following costs as either direct materials, direct labor, or factory overhead. The company manufactures ten Direct labor 1. Wages paid to...
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda...
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (hangers, decorations, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor salary Sales manager salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers $ 24,000 $ 43,400 $121,100 $ 32,400 $ 15,800...
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...
Problem II: (21%) Boeing Aircrafts Inc. manufactures clamps used in the overhead bin latches several leading...
Problem II: (21%) Boeing Aircrafts Inc. manufactures clamps used in the overhead bin latches several leading airplane models. Simon Wells the president of Boeing Aircrafts has gathered the following cost information from the accounting records for the latest month of operations. Advertising $20,000 Fue insurance premium for the factory building 5.000 Sales office utilities 2,000 Air filters for the buffing machines used to produce the clamps 1.500 Aluminum used to produce the clamps 30,000 Rent on the factory building 8,000...
Which of the following is a manufacturing overhead cost for a car assembly plant: A. Assembly workers' wages B. Cost of engines and transmissions for cars C. Maintenance costs for production equipment D. Cost of steel used to make car bodies E. Both C and D
Can I recieve help on this problem?
Coronado, Inc., manufactures clamps used in the overhead bin latches of several leading airplane models. Richard Miller, president of Coronado, Inc., has gathered the following cost information from the company's accounting records for the latest month of operations. Advertising Fire insurance premium for the factory building Sales office utilities Air filters for the buffing machines used to produce the clamps Aluminum used to produce the clamps Rent on the factory building Freight to...
- Which of the following is a period cost: A. monthly salaries of production supervisors ($6.000) B. assembly workers' wages. ($15 per bour) C. marketing manager's bonus (a fixed percentage of sales) D. annual rent for the factory building (550,000) E both A and D are period costs
Complete the total amounts for each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
Complete the total amounts of each column.
Product/Manufacturing Costs Direct Labor Manufacturing Overhead Period/Non Manufacturing Period Cost/Expense Direct Materials Depreciation on Factory Equipment Rent Expense - Sales Office Sales peoples Salaries Wood for making Chairs Wages for Assembly Line Workers Small nails& Glue for production Supplies for Accountants Depreciation on Delivery Truck Rent for Factory Factory Security Salaries Production Manager Salary Supplies Expense for factory Depreciation on Sales Cars Depreciation on factory computers Materials manager salary Factory Utilities Expense Sales...
Identify each of the following costs as either a product cost or a period cost. Period cost 1. Production manager's salary 2. Administrative expenses 3. Income tax expense 4. Office supplies used 5. Accident insurance-Factory workers 6. Factory utilities 7. Factory maintenance 8. Sales commissions Period cost Product cost Product cost (Product cost Period cost Identify each of the following costs as either direct materials, direct labor, or factory overhead. The company manufactures ten Direct labor 1. Wages paid to...
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (hangers, decorations, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor salary Sales manager salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers $ 24,000 $ 43,400 $121,100 $ 32,400 $ 15,800...
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...
Problem II: (21%) Boeing Aircrafts Inc. manufactures clamps used in the overhead bin latches several leading airplane models. Simon Wells the president of Boeing Aircrafts has gathered the following cost information from the accounting records for the latest month of operations. Advertising $20,000 Fue insurance premium for the factory building 5.000 Sales office utilities 2,000 Air filters for the buffing machines used to produce the clamps 1.500 Aluminum used to produce the clamps 30,000 Rent on the factory building 8,000...
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