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ine operators 5-5 Concepts and terminology the choices presented in parentho llowing sentor

ine operators 5-5 Concepts and terminology the choices presented in parentho llowing sentor

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Only ex 15-5 please and thank you!
hines uring production Factory janitorial supplies g. Factory supervisors' salaries h. Property taxes on factory butiding and equipment i. Oil used to lubricate sewine machines Repairs and maintenance osts for sewing machines k. Research and development coste Sales commissions m. Salaries of distribution center personnei Salaries of production quality control supervisors Travel costs of media relations employees p. Utility costs for office building q. Wages of sewing machine operators EX 15-5 Concepts and terminology Obj. 1,2 From the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: a. A product, sales territory, department, or activity to which costs are traced is called a (direct cost, cost object). b. Advertising costs are usually viewed as (period, product) costs. . Factory overhead costs combined with direct labor costs are called (prime, conversion) costs. d. Feedback is often used to (improve, direct) operations. e. A sacrifice made to obtain some benefit is a (cost, expense). g. The implementation of automatic, robotic factory equipment normally (increases, decreases) the direct labor component of product costs. The balance sheet of a manufacturer would include an account for (cost of goods sold, work in process inventory). Obj. 1,2 From the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: An example of factory overhead is (electricity used to run assembly line, CEO salary). EX 15-6 Concepts and terminology a. b. Direct materials costs combined with direct lahor
Transcribed Image Text:hines uring production Factory janitorial supplies g. Factory supervisors' salaries h. Property taxes on factory butiding and equipment i. Oil used to lubricate sewine machines Repairs and maintenance osts for sewing machines k. Research and development coste Sales commissions m. Salaries of distribution center personnei Salaries of production quality control supervisors Travel costs of media relations employees p. Utility costs for office building q. Wages of sewing machine operators EX 15-5 Concepts and terminology Obj. 1,2 From the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: a. A product, sales territory, department, or activity to which costs are traced is called a (direct cost, cost object). b. Advertising costs are usually viewed as (period, product) costs. . Factory overhead costs combined with direct labor costs are called (prime, conversion) costs. d. Feedback is often used to (improve, direct) operations. e. A sacrifice made to obtain some benefit is a (cost, expense). g. The implementation of automatic, robotic factory equipment normally (increases, decreases) the direct labor component of product costs. The balance sheet of a manufacturer would include an account for (cost of goods sold, work in process inventory). Obj. 1,2 From the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: An example of factory overhead is (electricity used to run assembly line, CEO salary). EX 15-6 Concepts and terminology a. b. Direct materials costs combined with direct lahor
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