Question

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 of painting supervisor.
Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Direct Labor: The labor cost involved directly related to production eg. Wages of worker.

Direct Material: The cost of material that is used directly in production.

Manufacturing overhead: The indirect expense associated with production, this expense are generally allocated on certain basis or a pre defined criteria.

Keeping in mind above explanation the classification is as below

Windsheild, Engine, Steering Wheel and Tires - Direct Material.

Wages of Assembly line worker - Direct labor

Depreciation of Factory machine, Factory machine lubricants and salary of painting supervisior - Manufacturing overhead.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Identify whether each of the following costs should be classified as product costs or period costs....
Identify whether each of the following costs should be classified as product costs or period costs. Manufacturing Overhead AnswerProduct CostPeriod Cost Selling Expenses AnswerPeriod CostProduct Cost Administrative Expenses AnswerPeriod CostProduct Cost Advertising Expenses AnswerPeriod CostProduct Cost Direct Labor AnswerProduct CostPeriod Cost Direct Materials AnswerProduct CostPeriod Cost Sales Commissions AnswerPeriod CostProduct Cost Shipping AnswerPeriod CostProduct Cost Identify whether each of the following costs of a automobile manufacturer should be classified as direct materials, direct Labor or manufacturing overhead. Windshield AnswerDirect MaterialsDirect...
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
Indicate which category the following costs fit into: Property Taxes, factory Salespersons' commissions Supervisor's salary, factory...
Indicate which category the following costs fit into: Property Taxes, factory Salespersons' commissions Supervisor's salary, factory Wages of workers, assembly Wages of receptionist, office Thread in a garment factory Lubricants for equipment Executive life insurance Monthly advertising cost Salary of accountant All of the above need to be known as (fixed or variable), (administrative expense, manufacturing expense or selling expense) and (direct manufacturing, indirect manufacturing, or none) For example, Property Tax is Fixed, administrative cost, and indirect manufacturing. So on...
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 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...
1. Which of the following would be classified as direct materials for an auto manufacturer? a.Material...
1. Which of the following would be classified as direct materials for an auto manufacturer? a.Material used for door panels b.Factory light bulbs c.Steel d.Drill bits 2. Which of the following is a period cost? a.Sales commissions b.Wages of an assembly worker c.Power d.Depreciation on factory equipment 3. Which of the following costs appear on a balance sheet? a.Period Costs b.Product Costs c.Opportunity costs d.Selling expenses 4. Eliminating a product or segment will usually eliminates all of the product's or...
An airline manufacturer incurred the following costs last month​ (in thousands of​ dollars): LOADING... ​(Clickthe icon...
An airline manufacturer incurred the following costs last month​ (in thousands of​ dollars): LOADING... ​(Clickthe icon to view the​ costs.)Read therequirements LOADING... . Requirement 1. Assuming the cost object is an​ airplane, classify each cost as one of the​ following: direct material​ (DM), direct labor​ (DL), indirect labor​ (IL), indirect materials​ (IM), other manufacturing overhead​ (other MOH), or period cost. What is the total for each type of​ cost? ​(Enter currency amounts in thousands and not in dollars. If a...
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)...
Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume...
Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no production inventories. Cost of fiberglass (raw material) $ 98,000 Factory rent $ 55,000 Advertising $ 121,000 Utilities for factory $ 25,000 Wages of assembly workers $ 98,000 Production supervisor salary $ 45,000 Sales manager salary $ 41,000 Factory property taxes $ 28,000 Depreciation on production equipment $ 26,000 Cost of bindings (raw material) $ 31,000 Screws $ 1,700 Wages of snowboard painters $...
Which of the following would not be considered a product cost? Multiple Choice Direct labor costs....
Which of the following would not be considered a product cost? Multiple Choice Direct labor costs. Factory supervisor's salary. Factory line worker's salary. Cost accountant's salary. Manufacturing overhead costs.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT