Homework Answers
Solution:
| 1 | Camera | Direct materials |
| 2 | Advertising Compaigns | Selling expenses |
| 3 | Maintenance of Assembly Equipment | Factory overhead |
| 4 | Depreciation on office equipment | General and administrative expenses |
| 5 | Depreciation (Straight line) on robotic equipment used in assembly | Factory overhead |
| 6 | Salary of chief executive officer | General and administrative expenses |
| 7 | Assembly-line supervisor salary | Factory overhead |
| 8 | Wages for retail store worker | Selling expenses |
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Selected costs related to Apple's iPhone are listed below. Identify each cost as either direct materials,...
Exercise 14-5 Classifying manufacturing costs LO C2 Selected costs related to Apple's iPhone are listed below....
Exercise 14-5 Classifying manufacturing costs LO C2 Selected costs related to Apple's iPhone are listed below. Identify each cost as either direct materials, direct labor, factory overhead, selling expenses, or general and administrative expenses by selecting the appropriate dropdowns. 1. Quality control supervisor salary 2. Uniforms provided for each factory worker 3. Depreciation on office equipment 4. Display screen 5. Camera 6. Advertising campaigns Maintenance of assembly equipment 8. Wages for retail store worker
Listed below are costs of providing an airline service. Classify each cost as (a) either variable...
Listed below are costs of providing an airline service.
Classify each cost as (a) either variable or fixed, and
(b) either direct or indirect by selecting the appropriate
dropdowns. Consider the cost object to be a flight. Flight
attendants and pilots are paid based on hours of flight
time.
Cost Variable or Fixed Direct or Indirect 1. Fuel used in planes 2. Depreciation (straight-line) on ground equipment 3. Flight attendant wages 4. Aircraft maintenance manager salary 5. Pilot wages 6....
Listed below are costs of providing an airline service. Classify each cost as (a) either variable...
Listed below are costs of providing an airline service. Classify each cost as (a) either variable or fixed, and (b) either direct or indirect by selecting the appropriate dropdowns. Consider the cost object to be a flight. Flight attendants and pilots are paid based on hours of flight time. Variable or Fixed Direct or Indirect Cost 1. Regional vice president salary 2. Fuel used in planes 3. Depreciation (straight-line) on ground equipment 4. Flight attendant wages 5. Aircraft maintenance manager...
Listed here are product costs for the production of soccer balls. Identify each cost (a) as...
Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect Product Cost 1. Machinery depreciation (straight-line) Rubber core for soccer balls 3. Insurance on factory 4. Factory rent 5. Needles used in stitching soccer balls 6. Leather covers for soccer balls 7. Annual flat fee paid for office security TechPro offers instructional...
Listed here are product costs for the production of soccer balls. Identify each cost (a) as...
Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect Product Cost 1. Coolants for machinery 2. Benefits for assembly workers 3. Annual flat fee paid for factory security 4. Machinery depreciation (straight-line) 5. Rubber core for soccer balls 6. Insurance on factory 7 Factory rent
Listed below are costs of providing an airline service. Classify each cost as (a) either variable...
Listed below are costs of providing an airline service. Classify each cost as (a) either variable or fixed, and (b) either direct or indirect by selecting the appropriate dropdowns. Consider the cost object to be a flight. Flight attendants and pilots are paid based on hours of flight time. Cost Variable or Fixed Direct or Indirect | 1. Snacks served on airplanes 2. Depreciation on office equipment 3. Oil used in airplanes 4. Luggage handler wages 5. Airport landing fee...
Classify each cost as either a product cost or a period cost. Indicate whether each product...
Classify each cost as either a product cost or a period cost. 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. Attorney fees for drafting a new lease for headquarters offices. b. Cash paid to outside firm for janitorial services for factory. c. Commissions paid to sales representatives, based on the number of ATVs...
period cost or product Collapse Is this a (1) prod For your respons type either 1...
period
cost or product
Collapse Is this a (1) prod For your respons type either 1 or whichever you cH Cost item Chief Executive Officer's (CEO's) salary Bicycle assembly worker wages Bicycle tires Depreciation of factory equipment Factory maintenance worker salaries Delivery expense Depreciation of office equipment Screws used to assemble bicycles (negligible quanity and dollar amount)
Listed here are product costs for the production of soccer balls. Identify each cost (a) as...
Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect 1. Product Cost Rubber core for soccer balls 2. Thread to hold leather together 3. Taxes on factory 4. Wages of assembly workers 5. Machinery depreciation (straight-line) 6. Annual flat fee paid for office security 7. Leather covers for soccer balls
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of...
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost Cost a. Wheels b. Glass used in the vehicle's windshield c. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver Classification
Exercise 14-5 Classifying manufacturing costs LO C2 Selected costs related to Apple's iPhone are listed below. Identify each cost as either direct materials, direct labor, factory overhead, selling expenses, or general and administrative expenses by selecting the appropriate dropdowns. 1. Quality control supervisor salary 2. Uniforms provided for each factory worker 3. Depreciation on office equipment 4. Display screen 5. Camera 6. Advertising campaigns Maintenance of assembly equipment 8. Wages for retail store worker
Listed below are costs of providing an airline service.
Classify each cost as (a) either variable or fixed, and
(b) either direct or indirect by selecting the appropriate
dropdowns. Consider the cost object to be a flight. Flight
attendants and pilots are paid based on hours of flight
time.
Cost Variable or Fixed Direct or Indirect 1. Fuel used in planes 2. Depreciation (straight-line) on ground equipment 3. Flight attendant wages 4. Aircraft maintenance manager salary 5. Pilot wages 6....
Listed below are costs of providing an airline service. Classify each cost as (a) either variable or fixed, and (b) either direct or indirect by selecting the appropriate dropdowns. Consider the cost object to be a flight. Flight attendants and pilots are paid based on hours of flight time. Variable or Fixed Direct or Indirect Cost 1. Regional vice president salary 2. Fuel used in planes 3. Depreciation (straight-line) on ground equipment 4. Flight attendant wages 5. Aircraft maintenance manager...
Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect Product Cost 1. Machinery depreciation (straight-line) Rubber core for soccer balls 3. Insurance on factory 4. Factory rent 5. Needles used in stitching soccer balls 6. Leather covers for soccer balls 7. Annual flat fee paid for office security TechPro offers instructional...
Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect Product Cost 1. Coolants for machinery 2. Benefits for assembly workers 3. Annual flat fee paid for factory security 4. Machinery depreciation (straight-line) 5. Rubber core for soccer balls 6. Insurance on factory 7 Factory rent
Listed below are costs of providing an airline service. Classify each cost as (a) either variable or fixed, and (b) either direct or indirect by selecting the appropriate dropdowns. Consider the cost object to be a flight. Flight attendants and pilots are paid based on hours of flight time. Cost Variable or Fixed Direct or Indirect | 1. Snacks served on airplanes 2. Depreciation on office equipment 3. Oil used in airplanes 4. Luggage handler wages 5. Airport landing fee...
period
cost or product
Collapse Is this a (1) prod For your respons type either 1 or whichever you cH Cost item Chief Executive Officer's (CEO's) salary Bicycle assembly worker wages Bicycle tires Depreciation of factory equipment Factory maintenance worker salaries Delivery expense Depreciation of office equipment Screws used to assemble bicycles (negligible quanity and dollar amount)
Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as either direct or indirect by selecting the appropriate dropdowns. Variable or Fixed Direct or Indirect 1. Product Cost Rubber core for soccer balls 2. Thread to hold leather together 3. Taxes on factory 4. Wages of assembly workers 5. Machinery depreciation (straight-line) 6. Annual flat fee paid for office security 7. Leather covers for soccer balls
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost Cost a. Wheels b. Glass used in the vehicle's windshield c. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver Classification
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