- 110 1A126147810000 140005.) Cost Classification -we have learned many different ways to classify costs so far. Let's helpBeatriz Company categorize their costs by marking the appropriate boxes below for each one. Note -acost may belong in multiple categories.holvsrist 1203 gnlyfitnebl :$ 1914sigeroCostWages to assembly workersDirect materials used3 Advertising costs4 Property taxes on factory5 Office supplies used6 Utilities for factory7 Sales commission89Depreciation on office equip.Utilities for office10 Salary of production supervisor11 Delivery cost to customer12 Quality inspectors13Depreciation on factory equip.14 Salary of office manager15 Wages to factory janitorCost BehaviorVariable Fixed MixedbaxiProduct CostDM DL MOHx✓xXxXxIPeriod Cost AdditionalSelling Admin. Prime ConversioneX6FFF.✓6.) Hickory Dickory Dock, a clock manufacturer has the following cost data for 2020.Number ofFactoryOH ISChe$64evelop CoTYITC

Cost Classification: The company incurs many different types of costs in the production process,…

5.) Cost Classification -we have learned many different ways to classify costs so far. Let's help Beatriz Company categorize their costs by marking the appropriate boxes below for each one. Note -a cost may belong in multiple categories. Cost 1 Wages to assembly workers Direct materials used 2 3 Advertising costs 4 Property taxes on factory 5 Office supplies used 6 Utilities for factory 7 Sales commission 8 Depreciation on office equip. 9 Utilities for office 10 Salary of production supervisor 11 Delivery cost to customer 12 Quality inspectors 13 Depreciation on factory equip. 14 Salary of office manager 15 Wages to factory janitor Cost Behavior Variable Fixed Mixed Product Cost DM DL MOH x x X x X x I Period Cost Selling Admin. V X x X X Additional Prime Conversior

5.) Cost Classification -we have learned many different ways to classify costs so far. Let's help Beatriz Company categorize their costs by marking the appropriate boxes below for each one. Note -a cost may belong in multiple categories. Cost 1 Wages to assembly workers Direct materials used 2 3 Advertising costs 4 Property taxes on factory 5 Office supplies used 6 Utilities for factory 7 Sales commission 8 Depreciation on office equip. 9 Utilities for office 10 Salary of production supervisor 11 Delivery cost to customer 12 Quality inspectors 13 Depreciation on factory equip. 14 Salary of office manager 15 Wages to factory janitor Cost Behavior Variable Fixed Mixed Product Cost DM DL MOH x x X x X x I Period Cost Selling Admin. V X x X X Additional Prime Conversior

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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Below is a list of costs. Please identify each cost as either a product or period cost. Dragged and dropped options on the right-hand side will be automatically saved. For keyboard navigation... SHOW MORE ✓ Depreciation on office copier Depreciation on office building Insurance on office building Metal used in building a car Salary of CEO Salary of production manager Salary of assembly line workers Utilities of office building = = Product Period = Period = Period = Product = Product = = Period Period
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G7. CALACULATE FREDDY S LABOUR RATE PER HOUR? IF HER MONTHLY SALARY IS 10 000.SHE GE R9000 BONUS.HER EMPLOYER CONTRIBUTE R9000 ON HER PENSION.SHE WORK FOR 9 HOURS PER DAY FROM MONDY TO FRIDAY EACH WEEK.SHE IS HAVING 28 DAYS VACATION LEAE .THERE ARE 12 PUBLIC HOLIDAY IN YEARS
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THIS is cOST ACCOUNTING FOR FACTORY OVERHEAD. PLEASE ANSWER AND SHOW SOLUTIONS
Please help with this one. Cost Item Direct or Indirect Cost? Fixed or Variable Cost? 1 Depreciation on salespersons' cars 2 Rent on equipment used in the factory 3 Lubricants used for machine maintenance 4 Salaries of personnel who work in the finished goods warehouse 5 Soap and paper towels used by factory workers at the end of a shift 6 Factory supervisors' salaries 7 Heat, Water and power consumed in the factory 8 Materials used for boxing products for shipment overseas 9 Advertising costs 10 Workers' compensation insurance for factory employees