Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the items below to the appropriate term. Clear All Insurance expired on factory equipment Utilities incurred in the office Advertising expense Selling and administrative expense Factory overhead Direct labor Direct materials

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the items below to the appropriate term. Clear All Insurance expired on factory equipment Utilities incurred in the office Advertising expense Selling and administrative expense Factory overhead Direct labor Direct materials

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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provide correct answer otherwise i give unhelpfull rates
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I. Classify the ff. ais to: Direct Material (DM), Direct Labor (DL), Manufacturing Overhead (MOH), (AD) and Selling (SE) Expense. Pick your answer in the drop down list Description 1 2 3 4 5 LO 6 7 8 9 10 Administrative Classification Wages of Company Officials other than plant supervisors Sales Personnel Salaries Electricity used by a manufacturing company's administrative office Paper used by Printing Company Depreciation of plant and machineries Factory Supplies Lumber used by a furniture manufacturing company Inventory control clerks salaries Wage of a baker in a bakeshop Factory maintenance personnel
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Multiple choice
Match each description to the appropriate term. Answers may be used more than once. Selling and administrative expense Factory overhead Indirect materials used Sales supplies used Rent expense on factory building Factory supplies used
Need A-D completed
Plz answer sub parts and with explanation please no plagiarism
INA TOLOWING ASTIMATAS that are relate to the operation menanments is as Thin Required information Number of employees Number of customers Number of billable hours Total overhead cost Multiple Choice O O O $37,200 $292,200 The Company uses the step method for cost allocation as the administrative service department also provides services to the machine maintenance department. Assume that costs are allocated between service departments based on the # of employees. Using the information provided, what is the total amount of machine maintenance cost that will be allocated to the operating departments? Note: Round your intermediate calculations to the nearest whole dollar. $92,000 properties 40 125 $124,000 3,000 $ 455,000 properties 20 160 2,000 $ 374,000 Maintenance 15 n/a n/a n/a Total 75 285 5,000 $ 829,000
Urgent
Concepts and terminology From the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: Materials for use in production are called (supplies, materials inventory). An example of factory overhead is (electricity used to run assembly line, CEO salary).
Wite short notes on the following terms.. i.. Write a Report on Workers difficulties in your’s Company