Ethan Allen Interiors, Inc. is a leading manufacturer and retailer of furniture and home decorating accessories. Its company- owned operations include sawmills, manufacturing plants, and retail stores. Classify each of the following product costs as dire materials, indirect materials, direct labor, indirect labor, or other manufacturing overhead. a. Maple logs purchased and cut in the sawmill Direct materials b. Foam used in stuffing sofa cushions Other manufacturing overhead Direct labor Indirect materials C. Silk brocade fabric used to upholster chairs Indirect labor d. Wages paid to the woodworkers who assemble dresser drawers e. Glue used to strengthen the bed frame joints f. Staples used to secure upholstery fabric to the chair seats g. Electricity to heat and light the factory h. The sawmill foreman's salary i. Wages paid to the forklift operator in the raw materials warehouse j. Depreciation on factory equipment

Ethan Allen Interiors, Inc. is a leading manufacturer and retailer of furniture and home decorating accessories. Its company- owned operations include sawmills, manufacturing plants, and retail stores. Classify each of the following product costs as dire materials, indirect materials, direct labor, indirect labor, or other manufacturing overhead. a. Maple logs purchased and cut in the sawmill Direct materials b. Foam used in stuffing sofa cushions Other manufacturing overhead Direct labor Indirect materials C. Silk brocade fabric used to upholster chairs Indirect labor d. Wages paid to the woodworkers who assemble dresser drawers e. Glue used to strengthen the bed frame joints f. Staples used to secure upholstery fabric to the chair seats g. Electricity to heat and light the factory h. The sawmill foreman's salary i. Wages paid to the forklift operator in the raw materials warehouse j. Depreciation on factory equipment

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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