Homework Answers
Answer 1
Insurance on company headquaters
A period cost is any cost that can't be promoted into prepaid costs, stock, or settled resources. A period cost is all the more intently connected with the progression of time than with a value-based occasion. ... Rather, it is regularly included inside the offering and regulatory costs segment of the pay proclamation.
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7 ? MOVmg to another question wm save this response. Question 1 An example of a...
ving to another question will save this response. Question 7 Which of the following costs would...
ving to another question will save this response. Question 7 Which of the following costs would not be included as part of manufacturing overhead? Insurance on production equipment Direct labor costs. Depreciation of production equipment. Supplies for the office workers Moving to another question will save this response.
ving to another question will save this response. Question 7 Which of the following costs would not be included as part of manufacturing overhead? Insurance on production equipment Direct labor costs. Depreciation...
D. $0.40 Example 45: Classify each of the following as either period or product. If a...
D. $0.40 Example 45: Classify each of the following as either period or product. If a cost is a period cost, indicate whether it would be a selling or an administrative cost. If a cost is a product cost, indicate whether it is direct or indirect. Item Period Cost Product Cost Selling Administrative Direct Indirect Rent on a sales office Direct materials Sales commissions Rent on a factory building Secretarial salaries for the sales force Assembly line worker wages Product...
> as Moving to another question will save this response. Question 7 Table Manufacturing Company produces...
> as Moving to another question will save this response. Question 7 Table Manufacturing Company produces one style of tables. The following data pertain to producing one table Planned production/month units (one table) Piece of woods (M) Estimated M price Actual production Quantity purchased (QP) Find actual price (AP) 90 20 540 Assuming that the manager wants the total material variance Less than $30 Between $30 and $33 Between $34 and $35 More than $36 à Moving to another question...
Moving to another question will save this response. Question 1 When a mixed cost is graphed...
Moving to another question will save this response. Question 1 When a mixed cost is graphed the Y-intercept corresponds to the step cost. price of the units sold. fixed cost. variable rate. -> Moving to another question will save this response. OSC Question 2 Which of the following would be found on the balance sheet of a manufacturer?! work in process raw materials finished goods All of the these are correct Status: The following 6 months of data were collected...
Question 5 Grouper Company, a manufacturer of audio systems, started its production in October 20...
Question 5 Grouper Company, a manufacturer of audio systems, started its production in October 2017, For the preceding 3 years, Grouper had been a retailer of audio systems. After a thorough survey of audio system markets, Grouper decided to turn its retail store into an audio equipment factory, Raw materials cost for an audio system will total $76 per unit. Workers on the production lines are on average paid $15 per hour. An audio system usually takes7 hours to complete....
Question 6 of 11 Moving to another will save this response Question 6 & points The...
Question 6 of 11 Moving to another will save this response Question 6 & points The operation and maintenance costs of a factory is estimated to be AED 8,000 for the first 4 years, and expected to increase by AED 1,250 per year thereafter. Using an interest rate of 7% and study period of 12 years, select the closest correct answers for the below questions from the answer's options provided below: • What is the present worth of base amount?...
QUESTION 1 Barry Company manufactures coats. The company accounting records during February show. Factory utilities -...
QUESTION 1 Barry Company manufactures coats. The company accounting records during February show. Factory utilities - 5950: Direct materials used in production - $21,650; Direct materials purchased during the month - $23,000; Direct labor costs - 515,210 Wages paid to workers providing direct labor - $16,100; Depreciation on factory equipment $1,250; Insurance covering factory facilities - $1,100; Marketing expenses - 54,700; Factory supervisor salary: $3,500, Indirect manufacturing materials used - $1,090, Insurance covering administrative facilities - 52.100 Depreciation on administrative...
L Moving to another question will save this response. Question 7 Regent Plumbing Company provides plumbing...
L Moving to another question will save this response. Question 7 Regent Plumbing Company provides plumbing services. The company is a sole proprietorship. Selected transactions of Regent Plumbing Company are described as follows: a) Sharon Regent, the owner, contributed $6000 cash in exchange for capital. b) Paid $4000 cash for equipment to be used for plumbing repairs. c) Borrowed $10,000 from a local bank and deposited the money in the checking account. d) Paid $700 rent for the year. e)...
this is all one question Problem 1-2A (Video) Bell Company, a manufacturer of audio systems, started...
this is all one question
Problem 1-2A (Video) Bell Company, a manufacturer of audio systems, started its production in October 2020. For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory Raw material costs for an audio system wil total 577 per unit. Workers on the production lines are on average paid $14 per hour. An audio...
? Moving to another question will save, this response Question 7 Identily the CFC with the...
? Moving to another question will save, this response Question 7 Identily the CFC with the longest atmosphonc lifetime. CFC-114 CFC-12 OCFC-115 O CFC-11 CFC-113 ? Moving to another question will save this response
ving to another question will save this response. Question 7 Which of the following costs would not be included as part of manufacturing overhead? Insurance on production equipment Direct labor costs. Depreciation of production equipment. Supplies for the office workers Moving to another question will save this response.
ving to another question will save this response. Question 7 Which of the following costs would not be included as part of manufacturing overhead? Insurance on production equipment Direct labor costs. Depreciation...
D. $0.40 Example 45: Classify each of the following as either period or product. If a cost is a period cost, indicate whether it would be a selling or an administrative cost. If a cost is a product cost, indicate whether it is direct or indirect. Item Period Cost Product Cost Selling Administrative Direct Indirect Rent on a sales office Direct materials Sales commissions Rent on a factory building Secretarial salaries for the sales force Assembly line worker wages Product...
> as Moving to another question will save this response. Question 7 Table Manufacturing Company produces one style of tables. The following data pertain to producing one table Planned production/month units (one table) Piece of woods (M) Estimated M price Actual production Quantity purchased (QP) Find actual price (AP) 90 20 540 Assuming that the manager wants the total material variance Less than $30 Between $30 and $33 Between $34 and $35 More than $36 à Moving to another question...
Moving to another question will save this response. Question 1 When a mixed cost is graphed the Y-intercept corresponds to the step cost. price of the units sold. fixed cost. variable rate. -> Moving to another question will save this response. OSC Question 2 Which of the following would be found on the balance sheet of a manufacturer?! work in process raw materials finished goods All of the these are correct Status: The following 6 months of data were collected...
Question 5 Grouper Company, a manufacturer of audio systems, started its production in October 2017, For the preceding 3 years, Grouper had been a retailer of audio systems. After a thorough survey of audio system markets, Grouper decided to turn its retail store into an audio equipment factory, Raw materials cost for an audio system will total $76 per unit. Workers on the production lines are on average paid $15 per hour. An audio system usually takes7 hours to complete....
Question 6 of 11 Moving to another will save this response Question 6 & points The operation and maintenance costs of a factory is estimated to be AED 8,000 for the first 4 years, and expected to increase by AED 1,250 per year thereafter. Using an interest rate of 7% and study period of 12 years, select the closest correct answers for the below questions from the answer's options provided below: • What is the present worth of base amount?...
QUESTION 1 Barry Company manufactures coats. The company accounting records during February show. Factory utilities - 5950: Direct materials used in production - $21,650; Direct materials purchased during the month - $23,000; Direct labor costs - 515,210 Wages paid to workers providing direct labor - $16,100; Depreciation on factory equipment $1,250; Insurance covering factory facilities - $1,100; Marketing expenses - 54,700; Factory supervisor salary: $3,500, Indirect manufacturing materials used - $1,090, Insurance covering administrative facilities - 52.100 Depreciation on administrative...
L Moving to another question will save this response. Question 7 Regent Plumbing Company provides plumbing services. The company is a sole proprietorship. Selected transactions of Regent Plumbing Company are described as follows: a) Sharon Regent, the owner, contributed $6000 cash in exchange for capital. b) Paid $4000 cash for equipment to be used for plumbing repairs. c) Borrowed $10,000 from a local bank and deposited the money in the checking account. d) Paid $700 rent for the year. e)...
this is all one question
Problem 1-2A (Video) Bell Company, a manufacturer of audio systems, started its production in October 2020. For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory Raw material costs for an audio system wil total 577 per unit. Workers on the production lines are on average paid $14 per hour. An audio...
? Moving to another question will save, this response Question 7 Identily the CFC with the longest atmosphonc lifetime. CFC-114 CFC-12 OCFC-115 O CFC-11 CFC-113 ? Moving to another question will save this response
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