Homework Answers
| ITEMS | DM | DL | FO | VC | FC | ||
| PROD C | PERI C | ||||||
| Fabrics to make a shirt | Y | N | N | Y | N | Y | N |
| Wood to make a table | Y | N | N | Y | N | Y | N |
| Threads in a shirt | Y | N | N | Y | N | Y | N |
| Assembler's wages | N | Y | N | Y | N | Y | N |
| Factory manager's salary' | N | N | Y | N | Y | N | Y |
| Sales man's salary | N | N | N | N | Y | N | Y |
| Sales man's commission | N | N | N | N | Y | Y | N |
| Factory rent | N | N | Y | N | Y | N | Y |
| CEO's salary | N | N | N | N | Y | N | Y |
| Salary to executive's secretary | N | N | N | N | Y | N | Y |
| Windows in a house | N | N | N | N | N | N | N |
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Reflective Simulation: Please indicate for each of the following items whether it falls under direct material...
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it...
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost Cost Item Selling Cost Administrative Cost Direct...
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it...
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost Cost Item Variable or Fixed Se Administrative...
Question 1 (2 ponts) Indicate whether each of the following is properly classified as direct material,...
Question 1 (2 ponts) Indicate whether each of the following is properly classified as direct material, direct labor, manufacturing overhead or period cost. Logs in a sawmill Cost to market finished products 1. Direct material Electricity to run factory machines 2. Direct labor Batteries in iPhones 3. Manufacturing overhead 4. Period cost Roofers in a home building company Clerical workers in a law firm Question 2 (2 points)
For each cost item below, indicate whether it would be variable or fixed with respect to...
For each cost item below, indicate whether it would be variable or fixed with respect to the number of units produced and sold: and then whether it would be a selling cost, an administrative cost or a manufacturing cost. If it is a manufacturing cost, indicate if it is a direct cost or an indirect cost with respect to the units of product (Ex provided #1 & #2) Variable or Selling Administrative Manufacturing (Product) Cost Cost Item Fixed Cost Cost...
Indicate whether each item below is a product cost (inventoriable cost) or a period cost. If...
Indicate whether each item below is a product cost (inventoriable cost) or a period cost. If it’s a product cost say whether it is DM (direct materials), DL (direct labor) or MO (manufacturing overhead, also called indirect manufacturing costs). If it is a period cost, indicate whether it is AE (administrative expense) or SE (selling expense). Also indicate whether it is a fixed cost (FC) or a variable cost (VC). These costs are for a company that makes tires. Cost...
Check my work Listed below are costs found in various organizations. Required: For each cost item,...
Check my work Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product Manufacturing (Product) Cost Direct Indirect Variable or...
For some reason my program keeps telling me that this answer is incomplete Listed below are...
For some reason my program keeps telling me that this answer is
incomplete
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to...
22-03A ALGO (Algorithmic) Material, Direct Labor and Factory Overhead Cost Variance Analysis w Inc. processes a...
22-03A ALGO (Algorithmic) Material, Direct Labor and Factory Overhead Cost Variance Analysis w Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, director and factory overhead incurred for the manufacture of 70,000 units of product were as follows: et materials 187.100 lbs at $5.60 17.900 hrs. $18.90 ctory overhead Standard Costs 169,000 $5.70 17,500 a $18.60 Rates per direct labor her, based on 100% of normal capacity of 18,260 direct laboris Variable cost, 4.70...
Problem 1-23 Cost Classification [LO1-1, LO1-3, L01-4] Listed below are costs found In varlous organizations Required...
Problem 1-23 Cost Classification [LO1-1, LO1-3, L01-4] Listed below are costs found In varlous organizations Required For each cost Item, Indicate whether It would be variable or fixed with respect to the number of units produced and sold, and then whether t would be a selling cost, an administrative cost, or a manufacturing cost. If It is a manufacturing cost, Indicate whether It is a direct cost or an Indirect cost with respect to units of product. Manufacturing (Product) Cost...
I. Match: Determine whether each of the following is classified as a. Direct Materials b. Direct...
I. Match: Determine whether each of the following is classified as a. Direct Materials b. Direct labor c. Manufacturing overhead. Write the appropriate letter in the space provided. A Factory machinery lubricants B. Depreciation on manufacturing building D. Wood used in manufacturing furniture C. Assembly line worker's wages Salaries for the night security guards for the factory building Glue, nails and other small parts used in production Insurance on factory machines Factory supervisor's salaries Metal used in manufacturing process -...
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost Cost Item Selling Cost Administrative Cost Direct...
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. Manufacturing (Product) Cost Cost Item Variable or Fixed Se Administrative...
Question 1 (2 ponts) Indicate whether each of the following is properly classified as direct material, direct labor, manufacturing overhead or period cost. Logs in a sawmill Cost to market finished products 1. Direct material Electricity to run factory machines 2. Direct labor Batteries in iPhones 3. Manufacturing overhead 4. Period cost Roofers in a home building company Clerical workers in a law firm Question 2 (2 points)
Check my work Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product Manufacturing (Product) Cost Direct Indirect Variable or...
For some reason my program keeps telling me that this answer is
incomplete
Listed below are costs found in various organizations. Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to...
22-03A ALGO (Algorithmic) Material, Direct Labor and Factory Overhead Cost Variance Analysis w Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, director and factory overhead incurred for the manufacture of 70,000 units of product were as follows: et materials 187.100 lbs at $5.60 17.900 hrs. $18.90 ctory overhead Standard Costs 169,000 $5.70 17,500 a $18.60 Rates per direct labor her, based on 100% of normal capacity of 18,260 direct laboris Variable cost, 4.70...
Problem 1-23 Cost Classification [LO1-1, LO1-3, L01-4] Listed below are costs found In varlous organizations Required For each cost Item, Indicate whether It would be variable or fixed with respect to the number of units produced and sold, and then whether t would be a selling cost, an administrative cost, or a manufacturing cost. If It is a manufacturing cost, Indicate whether It is a direct cost or an Indirect cost with respect to units of product. Manufacturing (Product) Cost...
I. Match: Determine whether each of the following is classified as a. Direct Materials b. Direct labor c. Manufacturing overhead. Write the appropriate letter in the space provided. A Factory machinery lubricants B. Depreciation on manufacturing building D. Wood used in manufacturing furniture C. Assembly line worker's wages Salaries for the night security guards for the factory building Glue, nails and other small parts used in production Insurance on factory machines Factory supervisor's salaries Metal used in manufacturing process -...
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