Below are some of Toyota’s (an automotive manufacturer) costs to manufacture a car: I. Depreciation of...
Below are some of Toyota’s (an automotive manufacturer) costs to manufacture a car: I. Depreciation of robotic assembly line equipment II. Automobile engine III. Steering wheel IV. Wages of assembly line worker V. Sales persons salary VI. Assembly line supervisor Classify the costs above by direct materials, direct labor and manufacturing overhead (note: not all the costs may fall into these three categories). Direct Labor IV - Direct Materials II - Manufacturing Overhead I, III, VI Direct Labor IV, V - Direct Materials II, III - Manufacturing Overhead I, VI Direct Labor IV - Direct Materials II, III - Manufacturing Overhead I, VI Direct Labor IV - Direct Materials II, III - Manufacturing Overhead I, V, VI
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Below are some of Toyota’s (an automotive manufacturer) costs to
manufacture a car: I. Depreciation of...
-cises Obj. 2 costs of an automobile manufacturer would be classi- EX 15-1 Classifying costs as...
-cises Obj. 2 costs of an automobile manufacturer would be classi- EX 15-1 Classifying costs as materials, labor, or factory overeau Indicate whether each of the following costs of an automobile man fied as direct materials cost, direct labor cost, or factory overhead co. A. Depreciation of robotic assembly line equipment B. V8 automobile engine C Steering wheel D. Wheels E. Painting safety masks for employees working in the paint room F. Salary of test driver G. Glass used in...
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
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 materials cost, direct labor cost, or factory overhead cost: Cost Classification 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
Classify the following costs at a car manufacturer as a) product or period and b) direct...
Classify the following costs at a car manufacturer as a) product or period and b) direct materials (DM), direct labor (DL), manufacturing overhead (MOH), or selling or general and administrative expense (G&A). D M or D Lor If MOH What Selling Expense or Windshield Engine Wages of assembly line worker Depreciation of factory machines Factory machinery lubricants Steering wheel Salary painting supervisor Salary of company president Rent on office building Utilities on factory building Factory safety manager Janitorial wages on...
15-4f Exercises EX 15-1 Classifying Costs as Materials, Labor, or Factory Overhead Obj. 2 Indicate whether...
15-4f Exercises EX 15-1 Classifying Costs as Materials, Labor, or Factory Overhead Obj. 2 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: a. Automobile engine b. Brake pads c. Depreciation of robotic assembly line equipment d. Glass for front and rear windshields e. Safety helmets and masks for assembly line workers f. Salary of quality control inspector g. Steering wheel h. Tires 1....
ure akekssignmentSessionLocator Sinprogress=false marts Chrome Imported From Sa. director o f factory overhead.co Cost Calculator Print...
ure akekssignmentSessionLocator Sinprogress=false marts Chrome Imported From Sa. director o f factory overhead.co Cost Calculator Print om 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 com Classification a. Automobile engine bile engine Factory overhead cost b. Brake pads c. Depreciation of robotic assembly line equipment Factory overhead cost d. Glass for front and rear windshields Direct materials cost e. Safety helmets and masks...
Selected costs related to Apple's iPhone are listed below. Identify each cost as either direct materials,...
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. Camera 2. Advertising campaigns 3. Maintenance of assembly equipment 4. Depreciation on office equipment 5. Depreciation (straight-line) on robotic equipment used in assembly 6. Salary of the chief executive officer 7. Assembly-line supervisor salary 8. Wages for retail store worker
The following table includes costs incurred by Bridgeport Manufacturing. Required: For each of the following costs:...
The following table includes costs incurred by Bridgeport Manufacturing. Required: For each of the following costs: 1. classify the each cost item as either product or period costs, and 2. identify whether the costs should be categorized as direct materials (DM), direct labor (DL), manufacturing overhead (MOH), selling (S), or general & administrative (GA). BRIDGEPORT MANUFACTURING COSTS Requirement (1) Requirement (2) Direct materials (DM), Direct labor (DL), Manufacturing Product or Period Overhead (MOH). costs Selling (S), or General & Administrative...
Brief Exercise 154 Indicate whether each of the following costs of a pencil manufacturer would be...
Brief Exercise 154 Indicate whether each of the following costs of a pencil manufacturer would be classified as direct materials, direct labor, or manufacturing overhead. a. Depreciation of pencil painting machinery b. Lead inserted into pencils C. Factory utilities d. Wages of assembly line worker e. Salary of supervisor f. Factory machinery maintenance 9. Wood h. Eraser compound Question Attempts: 0 of 1 used
Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations...
Gala Company is a manufacturer of laptop computers. Various
costs and expenses associated with its operations are as
follows.
The company intends to classify these costs and expenses into the
following categories: (a) direct materials, (b) direct labor, (c)
manufacturing overhead, and (d) period costs.
For each item, indicate the cost category to which it belongs.
Item
Category
1.
Property taxes on the factory building.
Period Costs Direct Materials Direct Labor Manufacturing Overhead
Direct Materials and Manufacturing Overhead
2.
Production...
-cises Obj. 2 costs of an automobile manufacturer would be classi- EX 15-1 Classifying costs as materials, labor, or factory overeau Indicate whether each of the following costs of an automobile man fied as direct materials cost, direct labor cost, or factory overhead co. A. Depreciation of robotic assembly line equipment B. V8 automobile engine C Steering wheel D. Wheels E. Painting safety masks for employees working in the paint room F. Salary of test driver G. Glass used in...
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
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified materials cost, direct labor cost, or factory overhead cost: Cost Classification 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
Classify the following costs at a car manufacturer as a) product or period and b) direct materials (DM), direct labor (DL), manufacturing overhead (MOH), or selling or general and administrative expense (G&A). D M or D Lor If MOH What Selling Expense or Windshield Engine Wages of assembly line worker Depreciation of factory machines Factory machinery lubricants Steering wheel Salary painting supervisor Salary of company president Rent on office building Utilities on factory building Factory safety manager Janitorial wages on...
15-4f Exercises EX 15-1 Classifying Costs as Materials, Labor, or Factory Overhead Obj. 2 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: a. Automobile engine b. Brake pads c. Depreciation of robotic assembly line equipment d. Glass for front and rear windshields e. Safety helmets and masks for assembly line workers f. Salary of quality control inspector g. Steering wheel h. Tires 1....
ure akekssignmentSessionLocator Sinprogress=false marts Chrome Imported From Sa. director o f factory overhead.co Cost Calculator Print om 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 com Classification a. Automobile engine bile engine Factory overhead cost b. Brake pads c. Depreciation of robotic assembly line equipment Factory overhead cost d. Glass for front and rear windshields Direct materials cost e. Safety helmets and masks...
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. Camera 2. Advertising campaigns 3. Maintenance of assembly equipment 4. Depreciation on office equipment 5. Depreciation (straight-line) on robotic equipment used in assembly 6. Salary of the chief executive officer 7. Assembly-line supervisor salary 8. Wages for retail store worker
The following table includes costs incurred by Bridgeport Manufacturing. Required: For each of the following costs: 1. classify the each cost item as either product or period costs, and 2. identify whether the costs should be categorized as direct materials (DM), direct labor (DL), manufacturing overhead (MOH), selling (S), or general & administrative (GA). BRIDGEPORT MANUFACTURING COSTS Requirement (1) Requirement (2) Direct materials (DM), Direct labor (DL), Manufacturing Product or Period Overhead (MOH). costs Selling (S), or General & Administrative...
Brief Exercise 154 Indicate whether each of the following costs of a pencil manufacturer would be classified as direct materials, direct labor, or manufacturing overhead. a. Depreciation of pencil painting machinery b. Lead inserted into pencils C. Factory utilities d. Wages of assembly line worker e. Salary of supervisor f. Factory machinery maintenance 9. Wood h. Eraser compound Question Attempts: 0 of 1 used
Gala Company is a manufacturer of laptop computers. Various
costs and expenses associated with its operations are as
follows.
The company intends to classify these costs and expenses into the
following categories: (a) direct materials, (b) direct labor, (c)
manufacturing overhead, and (d) period costs.
For each item, indicate the cost category to which it belongs.
Item
Category
1.
Property taxes on the factory building.
Period Costs Direct Materials Direct Labor Manufacturing Overhead
Direct Materials and Manufacturing Overhead
2.
Production...
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