Which of the following would most likely be a period cost? Depreciation on factory lunchroom furniture. Salary of telephone receptionist in the sales office. Salary of a security guard for the factory

Q: Question 4 Various cast associated with the operation of factories are given below: Electricity to…

A: Fixed costs are those costs that will incur even if there is no output level. It remains the same…

Q: A bicycle company has these costs: tires, salaries of employees who put tires on the wheels, factory…

A: Lets understand the basics.Costs are divided into direct and indirect costs.Direct costs are costs…

Q: Which of the following is not a cost resulting from a unit-level activity? a) The cost of…

A: Unit-level activities:Occur each time a single unit of a product or service is produced or…

Q: Which one of the following is an example of a period cost? Maintenance on factory machines O Wages…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: porarily stored befor

A: Direct labour cost are those cost that are paid as wages for work directly related to the production…

Q: 10. An example of a period cost is O advertising expense. O indirect materials. O depreciation on…

A: Introduction:- All costs are not related to production of a product is treated as period costs.

Q: Why is it important to know if a cost of production is fixed or variable? Which one of the following…

A: Understanding the Importance of Fixed and Variable CostsLet's break down why it's crucial to…

Q: Match each term

A: Selling and administrative expense- Selling expense-This include all costs associated with selling…

Q: d the Direct labor paid and assigned to Work in Process Inventory. Record the indirect labor paid…

A: Solution 1)   Job 306 Job 307 Job 308 April Total From March         Direct Materials 26000…

Q: Which of the following is factory overhead? O a. factory equipment depreciation O b. all of these…

A: Overhead costs are the costs that are not directly traceable with an item of finished goods. These…

Q: Which of the following are a product (manufacturing) cost? (check all that apply) Materials that…

A: The cost that can be traced back to a specific product and is included in inventory values is known…

Q: What costs are considered conversion costs? a. Steel in a car factory b. Depreciation on factory…

A: Conversion costs include the costs that are incurred to convert the raw material into usable goods.…

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Q: What are the procedures for closing the factory overhead account?

A: Factory Overhead Cost:   Factory overhead cost is the cost other than the direct material cost, and…

Q: organiza 47. Which of the following is an example of a direct cost an organization might incur in…

A: The cost of the Raw Materials that go into the product is an example of a direct cost an…

Q: Which of the following items would be considered factory overhead for a automobile manufacturer?…

A: Factory overhead is a cost that is incurred in manufacturing process or for maintaining production…

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Q: Atlanta Boston Chicago Denver Fargo Los Angeles Portland St. Louis Units Shipped 12 Months January -…

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Q: Which of the following is NOT a period cost? Multiple Choice O Depreciation of photocopiers in the…

A: Product Cost :— It is the cost that are incurred in the manufacturing of product during the period.…

Q: Select and "X" in the column that corresponds to the cost classification for each of the following…

A: Sunk cost: In accounting and business, a sunk cost is a cost that has already been incurred and that…

Q: Classify the following costs as period or traceable costs. Depreciation on office building Insurance…

A: All indirect costs incurred during production are referred to as period costs. Examples of period…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.