Indicate whether each of the following costs of an automobile
manufacturer would be classified as direct...
Indicate whether each of the following costs of an automobile
manufacturer would be classified as direct materials, direct labor,
or manufacturing overhead.
(a)
Direct MaterialsDirect LaborManufacturing Overhead
Windshield.
(b)
Direct MaterialsDirect LaborManufacturing Overhead
Engine.
(c)
Direct MaterialsDirect LaborManufacturing Overhead
Wages of assembly line worker.
(d)
Direct MaterialsDirect LaborManufacturing Overhead
Depreciation of factory machinery.
(e)
Direct MaterialsDirect LaborManufacturing Overhead
Factory machinery lubricants.
(f)
Direct MaterialsDirect LaborManufacturing Overhead
Tires.
(g)
Direct MaterialsDirect LaborManufacturing Overhead
Steering wheel.
(h)
Direct MaterialsDirect LaborManufacturing Overhead
Salary...
Indicate whether each of the following costs of a pencil
manufacturer would be classified as direct...
Indicate whether each of the following costs of a pencil
manufacturer would be classified as direct materials (DM), direct
labor (DL), or manufacturing overhead (MO). 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 g.
____ Wood
1. Indicate whether each item below is a product cost
(inventoriable cost) or a period cost....
1. Indicate whether each item below is a product cost
(inventoriable cost) or a period cost. If it’s a product cost say
whether it is DM (direct materials), DL (direct labor) or MO
(manufacturing overhead, also called indirect manufacturing costs).
If it is a period cost, indicate whether it is AE (administrative
expense) or SE (selling expense). These costs are for a company
that makes tires.
a. Cost of the rubber that goes into the tire
b. Depreciation cost of...
Identify whether each of the below costs are direct materials,
direct labor, manufacturing overhead, or
period...
Identify whether each of the below costs are direct materials,
direct labor, manufacturing overhead, or
period costs.
a) Advertising to sell the product
b) Shipping costs for raw materials coming from
a supplier
c) Shipping costs for goods shipped to a
customer
d) Chief executive officer’s salary
e) Production supervisor’s salary
f) Depreciation on production equipment
g) Raw materials used in production
h) Paper used by the accounting staff
i) Maintenance of production equipment
j) Commissions paid to salespeople
k)...
Inventory
Beginning
Ending
Raw materials
$9,110
$14,750
Work in process
6,800
8,470
Finished goods
9,350
6,700...
Inventory
Beginning
Ending
Raw materials
$9,110
$14,750
Work in process
6,800
8,470
Finished goods
9,350
6,700
Costs incurred: raw materials purchases $55,260, direct labor
$48,920, manufacturing overhead $23,050. The specific overhead
costs were: indirect labor $6,340, factory insurance $4,510,
machinery depreciation $4,900, machinery repairs $1,930, factory
utilities $3,610, and miscellaneous factory costs $1,760. Assume
that all raw materials used were direct materials.
(a) Prepare the cost of goods manufactured
schedule for the month ended June 30, 2020.
ROBERTS COMPANY
Cost...
1.Manufacturing costs are typically classified as Select one: a.
direct materials or direct labor b. product...
1.Manufacturing costs are typically classified as Select one: a.
direct materials or direct labor b. product costs or period costs
c. direct materials, direct labor, or manufacturing overhead d.
direct materials, direct labor, or selling and administrative
2. Raw materials inventory, January 1 $ 12,000 Raw materials
inventory, December 31 16,000 Work in process, January 1 5,000 Work
in process, December 31 8,000 Finished goods, January 1 17,000
Finished goods, December 31 12,000 Raw materials purchases 118,000
Direct labor 165,000...
The following information is available for Sunland
Company.
April 1
April 30
Raw materials inventory
$10,300...
The following information is available for Sunland
Company.
April 1
April 30
Raw materials inventory
$10,300
$14,100
Work in process
inventory
4,950
3,740
Materials purchased in
April
$98,000
Direct labor in April
79,800
Manufacturing overhead in
April
160,000
Prepare the cost of goods manufactured schedule for the month of
April.
SUNLAND
COMPANY
Cost of Goods Manufactured Schedule
For the Quarter Ended April 30For the Month Ended April 30April
30
Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect
Materials UsedRaw Materials, April 1Raw...
Manufacturing Costs: Pick a product and identify four direct
materials that are used to create the...
Manufacturing Costs: Pick a product and identify four direct
materials that are used to create the product, identify at least
two types of labor, Identify at least three types of overhead
costs, and discuss how the company should be able to do to lower
each cost.
Identify if the following Colgate-Palmolive Company costs would be classified
as direct materials cost, direct labor...
Identify if the following Colgate-Palmolive Company costs would be classified
as direct materials cost, direct labor cost or indirect costs:
a. Salaries paid to workers in the packing department____________
b. Maintenance provisions ____________
c. Manager's salary for the Morristown toothpaste plant, Tennessee____________
d. Packaging materials ____________
and. Depreciation in the production machinery ____________
F. Salary of process engineers____________
g. Depreciation at the Clarksville soap plant, Indiana____________
h. Resins for soap and shampoo products ____________
i. Essences and fragrances____________
j. Salaries...