Ludmilla Construction Company is composed of two divisions: (1) Home Construction and (2) Commercial Construction. The Home Construction Division is in the process of building 12 houses and the Commercial Construction Division is working on three projects.RequiredIdentify each cost as being a direct or indirect cost, assuming the cost objects are the individual products (houses or projects).Identify each cost as being a direct or indirect cost, assuming the cost objects are the two divisions.Identify each cost as being a direct or indirect cost, assuming the cost object is Ludmilla Construction Company as a whole. Complete this question by entering your answers in the tabs below.Required A Required BRequired CIdentify each cost as being a direct or indirect cost, assuming the cost objects are the two divisions.ItemsWages of workers assigned to a specific construction projectSupplies used by the Commercial Construction DivisionLabor on a particular houseSalary of the supervisor of commercial construction projectsSupplies, such as glue and nails, used by the Home Construction DivisionCost of building permitsMaterials used in commercial construction projectsDepreciation on home building equipment (small tools such as hammers or saws)Company president's salaryDepreciation on crane used in commercial constructionDepreciation on home office buildingSalary of corporate office manager< Required ARequired C > Required A Required B Required CIdentify each cost as being a direct or indirect cost, assuming the cost objects are the individual products (houses orprojects).ItemsWages of workers assigned to a specific construction projectSupplies used by the Commercial Construction DivisionLabor on a particular houseSalary of the supervisor of commercial construction projectsSupplies, such as glue and nails, used by the Home Construction DivisionCost of building permitsMaterials used in commercial construction projectsDepreciation on home building equipment (small tools such as hammers or saws)Company president's salaryDepreciation on crane used in commercial constructionDepreciation on home office buildingSalary of corporate office manager< Required ARequired B >

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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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Ludmilla Construction Company is composed of two divisions: (1) Home Construction and (2) Commercial Construction. The Home Construction Division is in the process of building 12 houses and the Commercial Construction Division is working on three projects.

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Identify each cost as being a direct or indirect cost, assuming the cost objects are the individual products (houses or projects).
Identify each cost as being a direct or indirect cost, assuming the cost objects are the two divisions.
Identify each cost as being a direct or indirect cost, assuming the cost object is Ludmilla Construction Company as a whole.

Complete this question by entering your answers in the tabs below.
Required A Required B
Required C
Identify each cost as being a direct or indirect cost, assuming the cost objects are the two divisions.
Items
Wages of workers assigned to a specific construction project
Supplies used by the Commercial Construction Division
Labor on a particular house
Salary of the supervisor of commercial construction projects
Supplies, such as glue and nails, used by the Home Construction Division
Cost of building permits
Materials used in commercial construction projects
Depreciation on home building equipment (small tools such as hammers or saws)
Company president's salary
Depreciation on crane used in commercial construction
Depreciation on home office building
Salary of corporate office manager
< Required A
Required C >

Required A Required B Required C
Identify each cost as being a direct or indirect cost, assuming the cost objects are the individual products (houses or
projects).
Items
Wages of workers assigned to a specific construction project
Supplies used by the Commercial Construction Division
Labor on a particular house
Salary of the supervisor of commercial construction projects
Supplies, such as glue and nails, used by the Home Construction Division
Cost of building permits
Materials used in commercial construction projects
Depreciation on home building equipment (small tools such as hammers or saws)
Company president's salary
Depreciation on crane used in commercial construction
Depreciation on home office building
Salary of corporate office manager
< Required A
Required B >

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