Question

34) Kyanite Corporation, a mamufacturer reports costs for 2015 as follews w Materi Wages to Line Workers Indirect Materials How much is the total period costs of Kyanite? A) $39,000 B)$30,000 35) Which of the following correctly describes the accounting for indizrect labor cost? C) $80,000 D)??4,000 A) Indirect labor costs are product costs and are expensed when the manufactured product is sold. B) Indirect labor costs are product costs and are expensed as incurned. C) Indirect labor costs are period costs and are expensed when the macvutactured prodoct is sold D) Indirect labor costs are period costs and are expensed as inurred. 36) The following information relates to Webster Inc Advertising Costs Administrative Salaries Delivery Vehicle Depreciation Fa Indirect Laber Indirect Materials Manufacturing Equipment Depreciation Office Rent President's Salary Sales Revenue Sales Salary 1,027 700 60 2,080 61,100 40,300 450,000 4500 D) $474,050 How much were Webster's period costs? C)$141,897 B) $615,947 A) $61,503 37) For a manufacturing business which of the folowing would be conidened a produst c B) Salaries of the accounting staff D) Salary of the CBO A) Salary of the sales manager 38) For decision-making purposescosts are ofen nd coein B) period costs ) sunk costs D) prodact aos 38 Salary of the production manager costs. A) fixed costs B) Prime costs D) Fixed costs A) Conversion costs C) Period costs 39) Which of the following represents the combined sum of direct labor and manufacturing ovethead? 39)

Answer 1

34) Ps ioos bouic Only lia Ris trabdapsicol cost. COS Indinet ubor Costs oou produc Costs ore whrn 30 Psiod Costs Costs lo,2 o 24. 1,023 6I,lo o Sals Sala 141, Combidad asa prodost cost COST. 3s) Prodts costs o divichd ntima costs ond comiosts o^ di«ad lobor main ovhod 4S31