Classify each of the following product costs of a canoe manufacturer as a prime cost, a conversion cost, or both. Cost Factory rent Screws used in making canoes Depreciation of factory equipment Wages of workers making canoes Aluminum for canoes Padding for canoe seats Wages of workers making canoe paddles Cost Classification

Classify each of the following product costs of a canoe manufacturer as a prime cost, a conversion cost, or both. Cost Factory rent Screws used in making canoes Depreciation of factory equipment Wages of workers making canoes Aluminum for canoes Padding for canoe seats Wages of workers making canoe paddles Cost Classification

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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It says they answers are wrong from your example.