EA2. LO 4.2 Table 4.3 shows a list of expenses involved in the production of custom, professional lacrosse sticks. A. For each item listed, state whether the cost should be applied to manufacturing or sales and administration. B. If the cost is a manufacturing cost, state whether it is direct materials, direct labor, or manufacturing overhead. C. If the cost is a manufacturing overhead cost, state whether it is indirect materials, indirect labor, or another type of manufacturing overhead. If Manufacturing: Direct Materials, Direct Labor, or Overhead? If Overhead: Indirect Materials, Indirect Labor, or Manufacturing or Sales & Lacrosse Stick Production Costs Administration Cost? Other? Carbon, fiberglass Administrative building rent Accountant salary Factory building depreciation Strings for the pocket Advertising Production supervisor salary Paint for sticks Research and development costs Wages of person who strings the sticks Cutting machine depreciation Human resources salaries Factory maintenance Table 4.3 Expenses Involved in Lacrosse Stick Production
EA2. LO 4.2 Table 4.3 shows a list of expenses involved in the production of custom, professional lacrosse sticks. A. For each item listed, state whether the cost should be applied to manufacturing or sales and administration. B. If the cost is a manufacturing cost, state whether it is direct materials, direct labor, or manufacturing overhead. C. If the cost is a manufacturing overhead cost, state whether it is indirect materials, indirect labor, or another type of manufacturing overhead. If Manufacturing: Direct Materials, Direct Labor, or Overhead? If Overhead: Indirect Materials, Indirect Labor, or Manufacturing or Sales & Lacrosse Stick Production Costs Administration Cost? Other? Carbon, fiberglass Administrative building rent Accountant salary Factory building depreciation Strings for the pocket Advertising Production supervisor salary Paint for sticks Research and development costs Wages of person who strings the sticks Cutting machine depreciation Human resources salaries Factory maintenance Table 4.3 Expenses Involved in Lacrosse Stick Production
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Can you please help me answer these. Thanks
Transcribed Image Text:EA2. LO 4.2 Table 4.3 shows a list of expenses involved in the production of custom,
professional lacrosse sticks.
A. For each item listed, state whether the cost should be applied to manufacturing or sales
and administration.
B. If the cost is a manufacturing cost, state whether it is direct materials, direct labor, or
manufacturing overhead.
C. If the cost is a manufacturing overhead cost, state whether it is indirect materials,
indirect labor, or another type of manufacturing overhead.
If Manufacturing:
Direct Materials,
Direct Labor, or
Overhead?
If Overhead:
Indirect Materials,
Indirect Labor, or
Manufacturing
or Sales &
Lacrosse Stick
Production Costs
Administration Cost?
Other?
Carbon, fiberglass
Administrative building
rent
Accountant salary
Factory building
depreciation
Strings for the pocket
Advertising
Production supervisor
salary
Paint for sticks
Research and development
costs
Wages of person who
strings the sticks
Cutting machine
depreciation
Human resources salaries
Factory maintenance
Table 4.3 Expenses Involved in Lacrosse Stick Production
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