Which of the following is an example of a period cost for amanufacturing company?A. Property taxes for the factoryB. Advertising expenseC. Depreciation on factory equipmentD. Indirect materials

The correct answer is:B. Advertising expense Explanation of Each OptionA. Property taxes for the…

Answered: Which of the following is an example of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 3MC: Which of the following is a prime cost? A. indirect materials B. direct labor C. administrative...

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Similar questions

Which of the following would not be classified as manufacturing overhead? A. indirect materials B. indirect labor C. direct labor D. property taxes on factory
Conversion costs include all of the following except: A. wages of production workers B. depreciation on factory equipment C. factory utilities D. direct materials purchased
Which of the following is a prime cost? A. direct labor B. work in process inventory C. administrative labor D. factory maintenance expenses
Which of the following costs would be included in the cost of a manufactured product according to the variable costing concept: (A) rent on factory building, (B) direct materials, (C) property taxes on factory building, (D) electricity purchased to operate factory equipment, (E) salary of factory supervisor, (F) depreciation on factory building, (G) direct labor?
Assign each of the following expenses to either the machine cost pool or the factory cost pool: A. property taxes B. heat and air-conditioning C. electricity, machines D. plant depreciation E. electricity, plant F. machine maintenance wages
How do the manufacturing costs incurred during a period differ from the cost of goods manufactured for a period?
Which of the following is the primary source of revenue for a manufacturing business? A. the production of products from raw materials B. the purchase and resale of finished products C. the provision of intangible goods and services D. both the provision of services and the sale of finished goods
Which of the following is a conversion cost? A. raw materials B. direct labor C. sales commissions D. direct material used
For the following descriptions state whether the cost is controllable or uncontrollable by responsibility center managers. A. property tax of an existing manufacturing facility B. research and development of a product C. advertising of a product D. insurance cost of the existing manufacturing facility E. design of a product
General Account
For a manufacturing company, which of the following is an example of a period cost rather than a product cost? a. Depreciation on factory equipment b. Advertising expense c. Wages of machine operators d. Insurance on factory equipment
Provide cost account answer

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Which of the following is an example of a period cost for a manufacturing company? A. Property taxes for the factory B. Advertising expense C. Depreciation on factory equipment D. Indirect materials