Annie B's Homemade Ice Cream is an ice cream shop in Asheville, NC. Its owners would like your assistance in classifying some of its costs as direct or indirect depending on the specified cost object. Required: 1. Which of the following costs could be directly traced to specific flavors of ice cream? 2. Which of the following costs could be directly traced to specific mobile sales events, such as selling pre-packaged servings of ice cream at the Cold Mountain Music Festival? 3. Which of the following costs could be directly traced to "mobile sales" as opposed to "in-store sales? Complete this question by entering your answers in the tabs below. Requirement 1 Requirement 2 Requirement 3 Which of the following costs could be directly traced to specific flavors of ice cream? 1. Walk-in freezer depreciation 2 Wages paid to employees scooping ice cream in the store 3. Cost of ingredients used to make ice cream 4. Cost of electricity used to run the batch freezer that makes ice cream 5. Liability insurance costs 6. Salaries paid to managers producing batches of ice cream 7. Cost of water used to cool the batch freezer that makes ice cream
Annie B's Homemade Ice Cream is an ice cream shop in Asheville, NC. Its owners would like your assistance in classifying some of its costs as direct or indirect depending on the specified cost object. Required: 1. Which of the following costs could be directly traced to specific flavors of ice cream? 2. Which of the following costs could be directly traced to specific mobile sales events, such as selling pre-packaged servings of ice cream at the Cold Mountain Music Festival? 3. Which of the following costs could be directly traced to "mobile sales" as opposed to "in-store sales? Complete this question by entering your answers in the tabs below. Requirement 1 Requirement 2 Requirement 3 Which of the following costs could be directly traced to specific flavors of ice cream? 1. Walk-in freezer depreciation 2 Wages paid to employees scooping ice cream in the store 3. Cost of ingredients used to make ice cream 4. Cost of electricity used to run the batch freezer that makes ice cream 5. Liability insurance costs 6. Salaries paid to managers producing batches of ice cream 7. Cost of water used to cool the batch freezer that makes ice cream
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:Annie B's Homemade Ice Cream is an ice cream shop in Asheville, NC. Its owners would like your assistance in classifying some of its
costs as direct or indirect depending on the specified cost object.
Required:
1. Which of the following costs could be directly traced to specific flavors of ice cream?
2. Which of the following costs could be directly traced to specific mobile sales events, such as selling pre-packaged servings of ice
cream at the Cold Mountain Music Festival?
3. Which of the following costs could be directly traced to "mobile sales" as opposed to "in-store sales?
Complete this question by entering your answers in the tabs below.
Requirement 1 Requirement 2 Requirement 3
Which of the following costs could be directly traced to specific flavors of ice cream?
1. Walk-in freezer depreciation
2 Wages paid to employees scooping ice cream in the store
3. Cost of ingredients used to make ice cream
4. Cost of electricity used to run the batch freezer that makes ice cream
5. Liability insurance costs
6. Salaries paid to managers producing batches of ice cream
7. Cost of water used to cool the batch freezer that makes ice cream
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