The production of the rest stop benches requires the following costs. For each cost, determine how the cost should be classified by placing an X in the appropriate column.
The production of the rest stop benches requires the following costs. For each cost, determine how the cost should be classified by placing an X in the appropriate column.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:1. One of the products Al-Can Products, Inc. manufactures for their rest stops are benches. Perform the
following tasks to classify and record common manufacturing costs.
2. The production of the rest stop benches requires the following costs. For each cost, determine how the
cost should be classified by placing an X in the appropriate column.
Wages of factory supervisor
Rent of company headquarters
Lumber to manufacture benches
Factory property taxes
Bench inspector wages
Wages for the marketing manager
Cleaning supplies to maintain equipment
Wages of production employees
Stain for the benches
Direct
Materials
Direct Factory
Labor Overhead
None
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