Homework Answers
Correct: direct labor cost
- Factory overhead cost includes indirect labor costs, indirect material costs, etc.
- Direct materials cost is the cost of raw materials used in production.
Add Answer to:
Calculate The cost of wages paid to employees directly involved in the manufacturing process in converting...
QUESTION 14 The work of factory employees that can be physically and directly associated with converting...
QUESTION 14 The work of factory employees that can be physically and directly associated with converting raw materia manufacturing overhead. indirect materials. indirect labor. direct labor
1) 2) 3) 4) Which of the following will not be found on the balance sheet...
1)
2)
3)
4)
Which of the following will not be found on the balance sheet of a manufacturing company? Oa. work in process Ob. cost of goods sold Oc. finished goods Od. materials Jensen Company reports the following: Direct materials used Direct labor incurred Factory overhead incurred Operating expenses $345,000 250,000 400,000 175,000 Jensen Company's period costs are Oa. $400,000 Ob. $175,000 Oc. $250,000 Od. $345,000 The direct materials costs and direct labor costs incurred by a production department...
The wages paid to an assembly line worker in a manufacturing plant are: a product cost,...
The wages paid to an assembly line worker in a manufacturing plant are: a product cost, but not part of factory overhead b. a product cost that is also part of factory overhead c. neither a product cost nor part of factory overhead 2. Manufacturing overhead does not include: the cost of thread used in making upholstered furniture of b. depreciation on factory equipment wages paid to a factory security guard a) the cost of shipping finished products to customers...
20. Costs other than direct materials cost and direct labor cost incurred in the manufacturing process...
20. Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as a. factory overhead cost b. miscellaneous expense c. product costs d. period cost 21. Which of the following is an example of a factory overhead cost? a. repair and maintenance cost on the administrative building b. factory heating and lighting cost e. insurance premiums on salespersons' automobiles d. president's salary 22. Prime costs are a direct materials and factory overhead b....
Salaries for assembly workers in the factory would be classified as a: manufacturing overhead cost O...
Salaries for assembly workers in the factory would be classified as a: manufacturing overhead cost O direct labor cost O selling cost direct material cost Which of the following journal entries would be used to record the transfer of completed units from the last processing department, Department Z, to the finished goods warehouse? Finished Goods xx OA. Work in Process - Department z Work in Process - Department z OB Finished Goods XX xx xx xx xx OC. . Cost...
Journalizing the entry to record a job completed would include a debit to Oa. Factory Overhead...
Journalizing the entry to record a job completed would include a debit to Oa. Factory Overhead Ob. Finished Goods Oc. Work in Process Od cost of Goods Sold Selected accounts with a credit amount omitted are as follows: Х Apr. 1 Balance 30 Direct materials 30 Direct labor 30 Factory overhead Work in Process 7,000 Apr. 30 Goods finished 78,400 195,000 136,500 Finished Goods 42,000 387,000 Apr. 1 Balance 30 Goods finished What was the balance of Work in Process...
16. The cost of a manufactured product generally consists of which of the following costs? a...
16. The cost of a manufactured product generally consists of which of the following costs? a direct materials cost and factory overhead cost only b. direct labor cost and factory overhead cost only c. direct labor cost, direct materials cost, and factory overhead cost d. direct materials cost and direct labor cost only 17. Materials must have which two qualities in order to be classified as direct materials? a. They must be classified as both prime costs and conversion costs. b....
Cost of Goods Sold, The total cost of making and finishing a product.Cost of Goods Manufactured...
Cost of Goods Sold, The total cost of making and finishing a product.Cost of Goods Manufactured Glenville Company has the following information for April: The cost of materials that are an integral part of the finished product.Cost of direct materials used in production $ 49,000 The wages of factory workers who are directly involved in converting materials into a finished product.Direct labor 55,000 All of the costs of producing a product except for direct materials and direct labor.Factory overhead 28,000...
Givenue TUHUWilliy udla. Live Me Twilig ald. Work in process, beginning Work in process, ending Direct...
Givenue TUHUWilliy udla. Live Me Twilig ald. Work in process, beginning Work in process, ending Direct labor costs Cost of goods manufactured Factory overhead $14,000 20,000 4,000 8,000 8,000 Direct materials used is Oa. $4,000 Ob. $8,000 Oc. $2,000 Od. $14,000
QUESTION 6 Costs other than direct materials cost and direct labor cost incurred in the manufacturing...
QUESTION 6 Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as a. miscellaneous expense b.product costs c. period cost d. factory overhead cost
QUESTION 14 The work of factory employees that can be physically and directly associated with converting raw materia manufacturing overhead. indirect materials. indirect labor. direct labor
1)
2)
3)
4)
Which of the following will not be found on the balance sheet of a manufacturing company? Oa. work in process Ob. cost of goods sold Oc. finished goods Od. materials Jensen Company reports the following: Direct materials used Direct labor incurred Factory overhead incurred Operating expenses $345,000 250,000 400,000 175,000 Jensen Company's period costs are Oa. $400,000 Ob. $175,000 Oc. $250,000 Od. $345,000 The direct materials costs and direct labor costs incurred by a production department...
The wages paid to an assembly line worker in a manufacturing plant are: a product cost, but not part of factory overhead b. a product cost that is also part of factory overhead c. neither a product cost nor part of factory overhead 2. Manufacturing overhead does not include: the cost of thread used in making upholstered furniture of b. depreciation on factory equipment wages paid to a factory security guard a) the cost of shipping finished products to customers...
20. Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as a. factory overhead cost b. miscellaneous expense c. product costs d. period cost 21. Which of the following is an example of a factory overhead cost? a. repair and maintenance cost on the administrative building b. factory heating and lighting cost e. insurance premiums on salespersons' automobiles d. president's salary 22. Prime costs are a direct materials and factory overhead b....
Salaries for assembly workers in the factory would be classified as a: manufacturing overhead cost O direct labor cost O selling cost direct material cost Which of the following journal entries would be used to record the transfer of completed units from the last processing department, Department Z, to the finished goods warehouse? Finished Goods xx OA. Work in Process - Department z Work in Process - Department z OB Finished Goods XX xx xx xx xx OC. . Cost...
Journalizing the entry to record a job completed would include a debit to Oa. Factory Overhead Ob. Finished Goods Oc. Work in Process Od cost of Goods Sold Selected accounts with a credit amount omitted are as follows: Х Apr. 1 Balance 30 Direct materials 30 Direct labor 30 Factory overhead Work in Process 7,000 Apr. 30 Goods finished 78,400 195,000 136,500 Finished Goods 42,000 387,000 Apr. 1 Balance 30 Goods finished What was the balance of Work in Process...
16. The cost of a manufactured product generally consists of which of the following costs? a direct materials cost and factory overhead cost only b. direct labor cost and factory overhead cost only c. direct labor cost, direct materials cost, and factory overhead cost d. direct materials cost and direct labor cost only 17. Materials must have which two qualities in order to be classified as direct materials? a. They must be classified as both prime costs and conversion costs. b....
Givenue TUHUWilliy udla. Live Me Twilig ald. Work in process, beginning Work in process, ending Direct labor costs Cost of goods manufactured Factory overhead $14,000 20,000 4,000 8,000 8,000 Direct materials used is Oa. $4,000 Ob. $8,000 Oc. $2,000 Od. $14,000
QUESTION 6 Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as a. miscellaneous expense b.product costs c. period cost d. factory overhead cost
Most questions answered within 3 hours.
-
Suppose that you are given the following results. Find the
correlation coefficient of the data.
sx...
asked 1 minute from now -
The width of a tool used for semiconductor manufacturing
is assumed to be normally distributed with...
asked 49 seconds ago -
A
runaway train car that has a mass of 1,400 kg travels at a speed of...
asked 4 minutes ago -
The expected abnormal earnings of a firm that has earnings of
$40,000 with a required equity...
asked 3 minutes ago -
A spherical surface completely surrounds a collection of
charges. Find the electric flux through the surface...
asked 18 minutes ago -
Two capacitors with capacitances of 12 and 18.1 µF,
respectively, are connected in parallel. The system...
asked 5 minutes ago -
Let's say you are a small business owner that provides
business-to-business software-as-a-service to non-profit
organizations. Your...
asked 10 minutes ago -
A circuit is constructed with five resistors and a battery as
shown. The battery voltage is...
asked 18 minutes ago -
A. What is the U.S.
economic system and what do you think are the advantages and...
asked 18 minutes ago -
A student measures the following data in a calorimetry
experiment designed to determine the specific heat...
asked 32 minutes ago -
1) 2H2O(g) → 2H2 (g) + O2 (g) DH = 483.6 kJ
If 5 moles of...
asked 37 minutes ago -
Suppose that Alicia has $30,000 in invested as follows: $10,000
in TJX Cos., $15,000 in Macy’s,...
asked 52 minutes ago