a. | Direct materials |
b. | Direct materials |
c. | Direct materials |
d. | Factory overhead |
e. | Direct labor |
f. | Factory overhead |
g. | Selling and Administrative |
h. | Factory overhead |
i. | Direct materials |
j. | Factory overhead |
k. | Factory overhead |
l. | Factory overhead |
m. | Factory overhead |
n. | Direct materials |
o. | Direct labor |
p. | Selling and Administrative |
1-Classify the following as direct materials, direct labor, factory overhead, or selling and administrative expense. a....
1. Classify each cost as direct materials (DM), direct labor (DL), manufacturing overhead (MOH), or a period cost for a shoe manufacturer. Leather Utility bill for the manufacturing plant Depreciation expense on accounting dept. copier Wages of production line employees Wages of sales employees Shoe laces Plant supervisor Depreciation expense on sewing machines DM DM DM DM DM DM DM DM DL DL DL DL DL MOH Period Cost MOH Period Cost MOH Period Cost MOH Period Cost MOH Period...
Managerial Accounting Concepts and Principles )Classifying costs as materials, labor, or factory overhead EX 1-2 Tedicate whether the following costs of Procter & Gamble, a maker of consumer products, weuld be classified as direct materials cost, direct labor cost, or factory overhead cost. 08,2 a. Plant manager salary for the lowa City, lowa, plant b. Maintenance supplies c. Salary of process engineers d. Wages paid to Packaging Department employees in the Bear River City, Utah, paper products plant e. Scents...
Part B- -Classification Classify each of the items below as: C--Factory Overhead D--Selling and Administrative expense A- -Direct materials B -Direct labor C1. Rent on factory building 2. Sales supplies used 3. Factory supplies used 4. Indirect materials used A 5. Wages of assembly line personnel 6. Cost of primary material used to make product 7. Depreciation on office equipment 8. Rent on office facilities 9. Insurance expired on factory equipment 10. Utilities incurred in the office elaal
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
MATCHING Identify the costs as one of the following categories: Direct labor Direct materials Factory overhead Not a product cost Costs Category 1. Factory depreciation 2. President's salary 3. Salesmen commissions 4. Wood 5. Factory supervisor's salary 6. Assembler's wages 7. Plastic parts 8.Finished goods warehouse rent 9. Machine operator 10. Maintenance Supplies
EX 15-2 Classifying Costs as Materials, Labor, or Factory Overhead Obj. 2 Indicate whether the following costs of Procter & Gamble (PG), a maker of consumer products, would be classified as direct materials cost, direct labor cost, or factory overhead cost: a. Depreciation on assembly line equipment in the Mehoopany, Pennsylvania, paper products plant b. Licensing payments for use of Disney characters on children products c. Maintenance supplies d. Packaging materials e. Paper used in bath tissue f. Plant manager...
15) Which of the following costs is not included in factory overhead? A) Direct materials. B) Indirect labor. C) Payroll taxes on the wages of factory supervisors. D) Manufacturing supplies used. E) Depreciation of manufacturing equipment. D-3
1. Which of the following costs are conversion costs? a. direct materials cost and factory overhead cost b. direct labor cost and factory overhead cost c. factory overhead cost d. direct materials cost and direct labor cost 2. Given the following data: Work in process, beginning $14,000 Work in process, ending 20,000 Direct labor costs 4,000 Cost of goods manufactured 8,000 Factory overhead 8,000 Direct materials used is a. $2,000 b. $4,000 c. $14,000 d. $8,000 3. Prime...
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 -...