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The following are a number of resources used by a mattress manufacturer. The cost driver in this factory is the product, the mattress being manufactured. All direct labour is paid on an hourly basis and all other factory workers are salaried (an annual salary). Review the following resource costs and MATCH it to the correct cost category: a product cost (direct materials, direct labour, manufacturing overhead) or a period cost (selling expense, administrative expense). Wages paid to workers who maintain the factory equipment. Cost of hall rental, food and decorations for all factory employees for Canada Day party. Cloth to cover the mattress springs. Cloth rags used to wipe the excess dust off the mattresses. Straight line depreciation on the sales office copier. Wages paid to workers who assemble the mattresses. Depreciation on forklift to move partially completed goods in the factory. Power to operate drills used to create holes in mattress frames. Fuel for forklift used to move material in factory. Salary of President's secretary. 1. Direct material 2. Direct labour 3. Manufacturing overhead 4. Selling expense 5. Administrative expense

The following are a number of resources used by a mattress manufacturer. The cost driver in this factory is the product, the mattress being manufactured. All direct labour is paid on an hourly basis and all other factory workers are salaried (an annual salary). Review the following resource costs and MATCH it to the correct cost category: a product cost (direct materials, direct labour, manufacturing overhead) or a period cost (selling expense, administrative expense). Wages paid to workers who maintain the factory equipment. Cost of hall rental, food and decorations for all factory employees for Canada Day party. Cloth to cover the mattress springs. Cloth rags used to wipe the excess dust off the mattresses. Straight line depreciation on the sales office copier. Wages paid to workers who assemble the mattresses. Depreciation on forklift to move partially completed goods in the factory. Power to operate drills used to create holes in mattress frames. Fuel for forklift used to move material in factory. Salary of President's secretary. 1. Direct material 2. Direct labour 3. Manufacturing overhead 4. Selling expense 5. Administrative expense

FINANCIAL ACCOUNTING
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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The following are a number of resources used by a mattress manufacturer. The cost driver in this factory is the product, the mattress being manufactured. All direct labour is paid on an hourly basis and all other factory workers are salaried (an annual salary). Review the following resource costs and MATCH it to the correct cost category: a product cost (direct materials, direct labour, manufacturing overhead) or a period cost (selling expense, administrative expense). Wages paid to workers who maintain the factory equipment. Cost of hall rental, food and decorations for all factory employees for Canada Day party. Cloth to cover the mattress springs. Cloth rags used to wipe the excess dust off the mattresses. Straight line depreciation on the sales office copier. Wages paid to workers who assemble the mattresses. Depreciation on forklift to move partially completed goods in the factory. Power to operate drills used to create holes in mattress frames. Fuel for forklift used to move material in factory. Salary of President's secretary. 1. Direct material 2. Direct labour 3. Manufacturing overhead 4. Selling expense 5. Administrative expense
Transcribed Image Text:The following are a number of resources used by a mattress manufacturer. The cost driver in this factory is the product, the mattress being manufactured. All direct labour is paid on an hourly basis and all other factory workers are salaried (an annual salary). Review the following resource costs and MATCH it to the correct cost category: a product cost (direct materials, direct labour, manufacturing overhead) or a period cost (selling expense, administrative expense). Wages paid to workers who maintain the factory equipment. Cost of hall rental, food and decorations for all factory employees for Canada Day party. Cloth to cover the mattress springs. Cloth rags used to wipe the excess dust off the mattresses. Straight line depreciation on the sales office copier. Wages paid to workers who assemble the mattresses. Depreciation on forklift to move partially completed goods in the factory. Power to operate drills used to create holes in mattress frames. Fuel for forklift used to move material in factory. Salary of President's secretary. 1. Direct material 2. Direct labour 3. Manufacturing overhead 4. Selling expense 5. Administrative expense
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