A company manufactures motorcycles. Compute the total amount of direct materials costs from the following costs. Cost item a. Tires, $10,000 b. Motorcycle seats, $17,000 c. Handlebars, $6,000 d. Factory accounting, $10,000 e. Factory equipment depreciation, $5,000 f. Assembly worker wages, $15,000 g. Factory rent, $60,000 h. Assembly worker benefits, $5,000 i. Bike frames, $14,000 Multiple Choice O $47,000. $67,000. O $62,000. O $52,000. O $107,000.

A company manufactures motorcycles. Compute the total amount of direct materials costs from the following costs. Cost item a. Tires, $10,000 b. Motorcycle seats, $17,000 c. Handlebars, $6,000 d. Factory accounting, $10,000 e. Factory equipment depreciation, $5,000 f. Assembly worker wages, $15,000 g. Factory rent, $60,000 h. Assembly worker benefits, $5,000 i. Bike frames, $14,000 Multiple Choice O $47,000. $67,000. O $62,000. O $52,000. O $107,000.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

A company manufactures motorcycles. Compute the total
amount of direct materials costs from the following costs.
a. Tires, $10,000
b. Motorcycle seats, $17,000
c. Handlebars, $6,000
d. Factory accounting, $10,000
e. Factory equipment depreciation, $5,000
f. Assembly worker wages, $15,000
g. Factory rent, $60,000
h. Assembly worker benefits, $5,000
i. Bike frames, $14,000
Multiple Choice
$47,000.
$67,000.
$62,000.
Cost item
$52,000.
$107,000.

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