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1. Classify each of the following costs as a Manufacturing cost or a Nonmanufacturing cost. For each manufacturing cost, further classify it by selecting Direct Materials, Direct Labor or Manufacturing Overhead from the drop-down menu. For each nonmanufacturing cost, further classify it by selecting Selling Cost or Administrative Cost from the drop-down menu. Leave no cell blank. Select N/A for costs that do not apply. 1. Water cost incurred to cool the batch freezer. 2. Wages paid to employees serving in-store customers 3. Cost of ingredients used to make ice cream 4. Payroll processing fees paid to the company's accounting firm 5. Salaries paid to employees making ice cream 6. Depreciation on the ice cream dipping cabinet 7. Depreciation on the 6-gallon blender used to combine ingredients Manufacturing Nonmanufacturing

1. Classify each of the following costs as a Manufacturing cost or a Nonmanufacturing cost. For each manufacturing cost, further classify it by selecting Direct Materials, Direct Labor or Manufacturing Overhead from the drop-down menu. For each nonmanufacturing cost, further classify it by selecting Selling Cost or Administrative Cost from the drop-down menu. Leave no cell blank. Select N/A for costs that do not apply. 1. Water cost incurred to cool the batch freezer. 2. Wages paid to employees serving in-store customers 3. Cost of ingredients used to make ice cream 4. Payroll processing fees paid to the company's accounting firm 5. Salaries paid to employees making ice cream 6. Depreciation on the ice cream dipping cabinet 7. Depreciation on the 6-gallon blender used to combine ingredients Manufacturing Nonmanufacturing

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. Classify each of the following costs as a Manufacturing cost or a Nonmanufacturing cost. For each manufacturing cost, further classify it by selecting Direct Materials, Direct Labor or Manufacturing Overhead from the drop-down menu. For each nonmanufacturing cost, further classify it by selecting Selling Cost or Administrative Cost from the drop-down menu. Leave no cell blank. Select N/A for costs that do not apply. 1. Water cost incurred to cool the batch freezer. 2. Wages paid to employees serving in-store customers 3. Cost of ingredients used to make ice cream 4. Payroll processing fees paid to the company's accounting firm 5. Salaries paid to employees making ice cream 6. Depreciation on the ice cream dipping cabinet 7. Depreciation on the 6-gallon blender used to combine ingredients Manufacturing Direct Materials Direct Labor Manufacturing Overhead N/A Nonmanufacturing 6-The dinninn cabinet stores ice cream that has already hoon manifacturar en that it can ho pen
Transcribed Image Text:1. Classify each of the following costs as a Manufacturing cost or a Nonmanufacturing cost. For each manufacturing cost, further classify it by selecting Direct Materials, Direct Labor or Manufacturing Overhead from the drop-down menu. For each nonmanufacturing cost, further classify it by selecting Selling Cost or Administrative Cost from the drop-down menu. Leave no cell blank. Select N/A for costs that do not apply. 1. Water cost incurred to cool the batch freezer. 2. Wages paid to employees serving in-store customers 3. Cost of ingredients used to make ice cream 4. Payroll processing fees paid to the company's accounting firm 5. Salaries paid to employees making ice cream 6. Depreciation on the ice cream dipping cabinet 7. Depreciation on the 6-gallon blender used to combine ingredients Manufacturing Direct Materials Direct Labor Manufacturing Overhead N/A Nonmanufacturing 6-The dinninn cabinet stores ice cream that has already hoon manifacturar en that it can ho pen
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