Homework Answers
Answer
Advertising cost
Explanation:
Advertising cost is covered under Selling and Distribution costs. Hence, it is not a manufacturing cost.
Manufacturing costs are those costs that are incurred while manufacturing the product. Wages of workers, factory maintenance and wheels are covered in manufacturing costs.
In case of any doubt, please comment.
Add Answer to:
Question 3 View Policies Current Attempt in Progress Which one of the following is not a...
Question 5 of 6 < 073 TIL View Policies Show Attempt History Current Attempt in Progress...
Question 5 of 6 < 073 TIL View Policies Show Attempt History Current Attempt in Progress Marigold Corp. incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $123,900 67,500 8,420 116,200 24,600 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $49,600 23,400 24,000 41,100 53,000 Work in process inventory was $14,700 at January 1 and...
Question 6 of 13 < -/1 View Policies Current Attempt in Progress The gross earnings of...
Question 6 of 13 < -/1 View Policies Current Attempt in Progress The gross earnings of the factory workers for Bonita Company during the month of January are $81,000. Of the total accumulated cost of factory labor, 81% is related to direct labor and 19% is attributable to indirect labor. (a) (b) Record the factory labor costs for the month of January. Assign factory labor to production. (Enter negative amounts using either a negative sign preceding the number e.g. -45...
Question 4 View Policies Current Attempt in Progress Cepeda Corporation has the following cost records for...
Question 4 View Policies Current Attempt in Progress Cepeda Corporation has the following cost records for June 2020. $4,690 Factory utilities $430 Indirect factory labor Direct materials used 22,410 Depreciation, factory equipment 1,770 Work in process, 6/1/20 3,970 Direct labor 42,100 Work in process, 6/30/20 1.910 4.410 5,650 Maintenance, factory equipment Indirect materials Finished goods, 6/1/20 2,810 Finished goods, 6/30/20 8,030 Factory manager's salary 3,930 Prepare a cost of goods manufactured schedule for June 2020. CEPEDA CORPORATION Cost of Goods...
Question 3 View Policies Current Attempt in Progress Which of the following is not a liability?...
Question 3 View Policies Current Attempt in Progress Which of the following is not a liability? Unearned Service Revenue Accounts Receivable Accounts Payable Interest Payable
Question 7 of 20 View Policies Current Attempt in Progress Which of the following is the...
Question 7 of 20 View Policies Current Attempt in Progress Which of the following is the proper classification of the two activities listed? Value Added Activity Non-Value Added Activity. O Receiving Machining Packaging Storing Testing Storage O Assembly Inspection Save for Later
Question 1 of 3 View Policies Current Attempt in Progress The gross earnings of the factory...
Question 1 of 3 View Policies Current Attempt in Progress The gross earnings of the factory workers for Vargas Company during the month of taxes for the factory payroll are $7.700. The fringe benefits to be paid by the employer on this accumulated cost of factory labour, 84% is related to direct labour and 16is attributable to directe Prepare the entry to record the factory Labour costs for January Prepare the entry to assign factory labour to production Credit account...
Question 3 View Policies Current Attempt in Progress Which of the following factors most likely would...
Question 3 View Policies Current Attempt in Progress Which of the following factors most likely would influence an auditor's determination of the auditability of an entity's financial statements? The complexity of the accounting system. The existence of related-party transactions. The adequacy of the accounting records. The operating effectiveness of control procedures.
Question 1 View Policies Current Attempt in Progress How many factors make up the marketing environment? 3 0 1...
Question 1 View Policies Current Attempt in Progress How many factors make up the marketing environment? 3 0 1 eTextbook and Media Question 2 View Policies Current Attempt in Progress The micro-environment is sometimes referred to as the internal environment True False eTextbook and Media t Question 3 View Policies Current Attempt in Progress Which element would be categorized in the for managers at Ben& Jerry Population trends Cultural beliefs Legal repulations Ingredients eTextbook and Media Question4 View Policies Current...
Question 9 of 30 View Policies Current Attempt in Progress Which of the following would NOT...
Question 9 of 30 View Policies Current Attempt in Progress Which of the following would NOT support the decision to capitalize a cost rather than expense it: O The cost incurred can be reasonably related to future revenues. The cost incurred is expected to significantly add to the value of an existing asset. The cost incurred would otherwise have resulted in lower net income. The cost incurred is expected to provide future measurable benefits. Save for Later Attempts: 0 o
Question 34 of 50 -12 View Policies Current Attempt in Progress Vaughn Manufacturing has $23000 of...
Question 34 of 50 -12 View Policies Current Attempt in Progress Vaughn Manufacturing has $23000 of ending finished goods inventory as of December 31, 2019. If beginning finished goods inventory was $17000 and cost of goods sold was $52000, how much would Vaughn report for cost of goods manufactured? $75000 O $46000 $58000 $17000 Savor Late Attempts: 0 of 1 used Submit Answer
Question 5 of 6 < 073 TIL View Policies Show Attempt History Current Attempt in Progress Marigold Corp. incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $123,900 67,500 8,420 116,200 24,600 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $49,600 23,400 24,000 41,100 53,000 Work in process inventory was $14,700 at January 1 and...
Question 6 of 13 < -/1 View Policies Current Attempt in Progress The gross earnings of the factory workers for Bonita Company during the month of January are $81,000. Of the total accumulated cost of factory labor, 81% is related to direct labor and 19% is attributable to indirect labor. (a) (b) Record the factory labor costs for the month of January. Assign factory labor to production. (Enter negative amounts using either a negative sign preceding the number e.g. -45...
Question 4 View Policies Current Attempt in Progress Cepeda Corporation has the following cost records for June 2020. $4,690 Factory utilities $430 Indirect factory labor Direct materials used 22,410 Depreciation, factory equipment 1,770 Work in process, 6/1/20 3,970 Direct labor 42,100 Work in process, 6/30/20 1.910 4.410 5,650 Maintenance, factory equipment Indirect materials Finished goods, 6/1/20 2,810 Finished goods, 6/30/20 8,030 Factory manager's salary 3,930 Prepare a cost of goods manufactured schedule for June 2020. CEPEDA CORPORATION Cost of Goods...
Question 3 View Policies Current Attempt in Progress Which of the following is not a liability? Unearned Service Revenue Accounts Receivable Accounts Payable Interest Payable
Question 7 of 20 View Policies Current Attempt in Progress Which of the following is the proper classification of the two activities listed? Value Added Activity Non-Value Added Activity. O Receiving Machining Packaging Storing Testing Storage O Assembly Inspection Save for Later
Question 1 of 3 View Policies Current Attempt in Progress The gross earnings of the factory workers for Vargas Company during the month of taxes for the factory payroll are $7.700. The fringe benefits to be paid by the employer on this accumulated cost of factory labour, 84% is related to direct labour and 16is attributable to directe Prepare the entry to record the factory Labour costs for January Prepare the entry to assign factory labour to production Credit account...
Question 3 View Policies Current Attempt in Progress Which of the following factors most likely would influence an auditor's determination of the auditability of an entity's financial statements? The complexity of the accounting system. The existence of related-party transactions. The adequacy of the accounting records. The operating effectiveness of control procedures.
Question 1 View Policies Current Attempt in Progress How many factors make up the marketing environment? 3 0 1 eTextbook and Media Question 2 View Policies Current Attempt in Progress The micro-environment is sometimes referred to as the internal environment True False eTextbook and Media t Question 3 View Policies Current Attempt in Progress Which element would be categorized in the for managers at Ben& Jerry Population trends Cultural beliefs Legal repulations Ingredients eTextbook and Media Question4 View Policies Current...
Question 9 of 30 View Policies Current Attempt in Progress Which of the following would NOT support the decision to capitalize a cost rather than expense it: O The cost incurred can be reasonably related to future revenues. The cost incurred is expected to significantly add to the value of an existing asset. The cost incurred would otherwise have resulted in lower net income. The cost incurred is expected to provide future measurable benefits. Save for Later Attempts: 0 o
Question 34 of 50 -12 View Policies Current Attempt in Progress Vaughn Manufacturing has $23000 of ending finished goods inventory as of December 31, 2019. If beginning finished goods inventory was $17000 and cost of goods sold was $52000, how much would Vaughn report for cost of goods manufactured? $75000 O $46000 $58000 $17000 Savor Late Attempts: 0 of 1 used Submit Answer
Most questions answered within 3 hours.
-
If you have an eta squared of .34 and used a
between-subjects design, what does that...
asked 1 minute ago -
*Healthcare Adminstration*
Scutchfield and Keck's Principles of Public Health Practice
4th edition
What are the differences...
asked 5 minutes ago -
Find the complete optimal solution to this linear programming
problem. Max 5x + 3y s.t. 2x...
asked 33 minutes ago -
The pH of an acetate buffer was determined to be 4.76. Then, a
few drops of...
asked 36 minutes ago -
a sample of size 1500 is used to find a confidence
interval for the percentage of...
asked 45 minutes ago -
Explain in detail the differences between qualitative and
quantitative forecasts. Include at least two examples of...
asked 50 minutes ago -
Differentiate between response time and throughput.
Explain how the physical design of a database influences
performance...
asked 52 minutes ago -
Write MATLAB code to plot the following
waveforms.
Rectangular pulses:
????(?)
????(? − ?)
????(?/?) ...
asked 52 minutes ago -
4. Adam’s Inc.’s outstanding common stock is currently selling
in the market for $28. Dividends of...
asked 1 hour ago -
question
you were
asked to create a regression that will predict the amount of saving
for...
asked 1 hour ago -
If tcalc = -2.78, tcrit = 1.96, H0: Mu > Mu0, and Xbar <
Mu0, what...
asked 1 hour ago -
Circular distribution
•Suppose two birds are flying, one is flying from the north and
the other...
asked 1 hour ago