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7. If a frozen pizza plant is the cost object, classify each of the following costs...

7. If a frozen pizza plant is the cost object, classify each of the following costs as direct or indirect, respectively: property insurance, cafeteria workers wages, and janitorial supplies. a. direct, indirect, and indirect b. direct, indirect, and direct c. all are direct d. all are indirect


8. Product costs a. are inventoriable costs. b. are manufacturing costs. c. include direct materials, direct labor, and overhead. d. are all of these.

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Answer #1
7 Correct answer is = d. All are indirect
As cost associated with the given terms are indirect costs which means which are no a part of prime cost.
Property insurance = Indirect cost as not directly associated with the direct or prime cost
Cafeteria workers wages = Indirect cost as these wages are for cafeteria workers not for workers of factory plant.
Janitorial supplies = Indirect cost as not directly associated with the direct or prime cost
8 Correct answer is = d. All of these
Product cost means total cost incurred for obtaining a product it must include inventoriable costs, direct materials and direct labor costs manufacturing costs etc.
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