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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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
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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?
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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
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Provide cost account answer
Which of the following costs would be considered a period rather than a product cost in a manufacturing company? a. Direct materials cost. b. Property tax on the corporate headquarters. c. Electric cost to light the factory. d. Depreciation expense on manufacturing equipment.

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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