Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost:a. Wheelsb. Glass used in the vehicle’s windshieldc. Wages of assembly line workerd. V8 automobile enginee. Depreciation of robotic assembly line equipmentf. Steering wheelg. Painting safety masks for employees working in the paint roomh. Salary of test driver

Q: A bicycle company has these costs: tires, salaries of employees who put tires on the wheels, factory…

A: Lets understand the basics.Costs are divided into direct and indirect costs.Direct costs are costs…

Q: Which of the following manufacturing costs is an indirect cost of producing a product? Oa. hourly…

A: Indirect cost is the cost which is not directly involved in the making of the goods but is part of…

Q: Classifying costsThe following is a list of costs incurred by several businesses:a. Salary of…

A: Product cost is the cost that is associated with product whereas, the period cost is the cost that…

Q: For each of the following, indicate whether the cost would typically be considered product or period…

A: Product costs are the costs that are directly involved in the production of a product. For a…

Q: A) By behavior B) By function C) By traceability D) By durability 12. Job costing is most likely to…

A: The objective of these questions is to test the understanding of various concepts in cost…

Q: Use a / to categorize each of the following costs. You may have more than one / for each item.…

A: There are majorly three types of costs such as variable costs, fixed costs and semi-variable costs.…

Q: Prime vs conversion cost. For each of the following costs incurred in a manufacturing operation,…

A: Prime costs : It refers to the three important elements of costs: direct materials, direct labor and…

Q: Identify each of the following costs as either direct materials (DM), direct labor (DL), or factory…

A: Factory overhead: It is the cost that incurred during the manufacturing process and does not include…

Q: Below is a table showing the various costs incurred by various companies. In each column, indicate…

A: The total cost of all resources utilized in the production of a product is known as manufacturing…

Q: Which of the following are a product (manufacturing) cost? (check all that apply) Materials that…

A: The cost that can be traced back to a specific product and is included in inventory values is known…

Q: The Vlad Corporation manufactures street signs; the cost of wages for the factory manager would be…

A: Overhead refers to the ongoing operational expenses that a business incurs as part of its normal…

Q: Which of the following items are properly classified as part of factory overhead for Ford Motor…

A: Factory Overhead Cost: Factory overhead cost is the cost other than the direct material cost, and…

Q: A car manufacturer incurs the following costs. Classify each cost as either a product or period…

A: The costs are classified as direct, indirect and factory overhead cost.

Q: The following is a list of costs that were incurred in the production and sale of lawn mowers:a.…

A: Product costs and period costs:

Q: Determine whether each of the following costs should be classified as product costs or period costs.…

A: Product costs are those costs that are associated with the process of manufacture and period costs…

Q: what of the  costs is an example of a cost that remains the same in total as the number of units…

A: The objective of the question is to identify which among the given costs is a fixed cost. A fixed…

Q: 6. Engineers who design cars for a car manufacturing company submit their timesheets. The entry to…

A: Direct labor costs refer to the payments made to those workers or employees who are directly…

Q: Indicate whether the following costs of P r oct er & Gamb le , a maker of consumer products, would…

A:

Q: Indicate whether the following costs of Procter & Gamble, a maker of consumer products, would be…

A: Direct Material Cost Direct material cost is the cost of the raw materials and components used to…

Q: Which of the following items would be classified as part of factory overhead? a. amortization of…

A: a. Amortization of manufacturing patents: The cost spread over time for using patented manufacturing…

Q: Circle the following costs that would be included in the cost of a manufactured product according to…

A: The correct option with proper explanation are as follows

Q: QUESTION 4 Indicate whether each of the following costs incurred by a manufacture would be…

A: The cost to deliver finished product to customer It is a unit cost hence it is Product- MOH

Q: organiza 47. Which of the following is an example of a direct cost an organization might incur in…

A: The cost of the Raw Materials that go into the product is an example of a direct cost an…

Q: Trak Corporation incurred the following costs while manufacturing its bicycles. Bicycle components…

A: The period costs are the costs that do not relate to the production. These costs generally include…

Q: which of the following is typically a mixed cost? a. Rent for a factory building b. Total…

A: Mixed cost is the combination of two cost such as, fixed cost or variable cost so it includes both…

Q: Classify each of the following costs as either unit-level, batch-level, product-level, or…

A: Activities that are completed every time a batch of goods or products is created, or a set of…

Q: Which of the following items would be considered factory overhead for a automobile manufacturer?…

A: Factory overhead is a cost that is incurred in manufacturing process or for maintaining production…

Q: Classify each of the following costs as Product (direct/indirect) or Period and Variable, Fixed or…

A: 1. Product costs are the costs directly incurred from the manufacturing process. Product costs are…

Q: Which of the following is an example of direct labor cost for a cell phone manufacturer? Oa. cost of…

A: Direct Labor Cost: It is the cost which can be specifically and consistently assigned to…

Q: Which of the following is an “indirect labor” cost? Wages paid to factory janitors and factory…

A: Indirect Labor: Employees who work on activities that contribute to the operation of the firm but…

Q: From the choices presented in parentheses, choose the appropriate term for completing each of the…

A: Costs are classified into two categories Direct costs -  which can be traced to product easily…

Q: Classify the following costs as period or traceable costs. Depreciation on office building Insurance…

A: All indirect costs incurred during production are referred to as period costs. Examples of period…

Q: Listed here are product costs for production of soccer balls. Classify each cost as either direct or…

A: Direct Cost :— These are the cost that are directly traceable to product.  This cost is directly…

Q: Which of the following is not considered a cost of manufacturing a product? Group of answer choices…

A: Total manufacturing cost, or simply the cost of producing the things that will be sold to customers,…

Q: For each of the following costs, identify whether it is a Fixed, Variable or Both: Cost Wages of…

A: Introduction to variable cost- Variable cost is one of the costs among fixed cost and semi-variable…

Q: Hicks Contracting collects and analyzes cost data in order to track the cost of installing decks on…

A: A product cost is the cost which is used to manufacture the product.  A Variable cost is the cost…

Q: Determine whether each of the following costs should be classified as product costs or period costs.…

A: Product cost means the cost of producing one unit of finished goods. Period cost means the cost that…

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.