which one of the following is not an example of a committed fixed cost

Q: Classify each of the following as direct or indirect with respect to traceability to product and as…

A: Direct costs are costs that are directly with the production and manufacturing of goods. Indirect…

Q: Which of the following is not likely to be treated as product cost? Depreciation on the factory…

A: Product cost means the cost of producing one unit of finished goods. Period cost means the cost that…

Q: Which of the following statements related to job cost sheets is FALSE? a. None of the given answers…

A: A job cost sheet is a document prepared by the companies which uses job order costing system. It…

Q: Which of the following is not a period cost? Group of answer choices Sales commissions. Public…

A: Cost can be divided in to different groups including period cost, product cost etc. Period cost are…

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: QUESTION 1: Identify the right answer for the following statements. The salary of the director of a…

A: The sum of all expenses incurred in producing an item or service that has been sold is known as the…

Q: Which of the following is a common fixed cost to the salesdepartments in a department store?a.…

A:

Q: Classify each of the following as a variable, fixed cost or mixed cost. a. Direct labour b.…

A: Variable cost is such type of cost which changes with the changes in units produced. Fixed cost…

Q: Who among the following is not a cost of a product? The expense of the company's fuel. The cost of…

A: Product cost: Product cost is the cost which incurred to manufacture a product. It means it is a…

Q: The Maintenance Department of a company is considered to be a: A) Revenue Center B) Cost Center C)…

A: generally, the maintenance department is responsible and accountable for maintenance.  a cost center…

Q: Which of the following cost includes determining how much to order, cost of invoices, clerical labor…

A: Sunk cost refers to money that has already been spent and which can not be recovered. Sunk costs are…

Q: As mentioned, direct costs are not always product or manufacturing costs. Consider a company that…

A: These costs are not related to the production process at all. Instead, they are incurred over a…

Q: Which of the following statements related to job cost sheets is FALSE ? a. Applied manufacturing…

A: Cost sheet:- It is the representation of all fixed, variable, direct and indirect cost which…

Q: For a manufacturing company, which of the following is an example of a period cost rather than a…

A: Product cost means the cost of producing one unit of finished goods. It is included in the valuation…

Q: 1. Which of the following is not a component of factory overhead? a. Payroll taxes share of the…

A: * As per bartleby guidelines, in case of different question answer first only   Factory overhead are…

Q: For a manufacturing entity, which of the following is treated as business expense?  a. Raw materials…

A: Business expense are the costs incurred by the company for operating the business. Manufacturing…

Q: what of the  costs is an example of a cost that remains the same in total as the number of units…

A: The objective of the question is to identify which among the given costs is a fixed cost. A fixed…

Q: Which of the following would be an inappropriate activity base for allocating factory overhead…

A: Lets understand the basics.Factory overhead is an expense of factory which is not directly allocable…

Q: Managerial Accounting - TRUE OR FALSE Manufacturing costs include rent on a factory, direct and…

A: Direct costs are those costs which are directly involved in the production of the goods. Indirect…

Q: Which of the following is an example of a cost that varies in proportion to changes in the activity…

A: Packaging costs is the variable cost which varies with the total output. It will increase with the…

Q: Which of the following Overhead cost of a company is likely to have the least control a. Machine…

A: The overhead cost includes total indirect costs incurred in the production process.  It includes…

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: Classify each of the following costs as manufacturing or non manufacturing: 1. Factory rental 2.…

A: Cost refers to the amount that is paid to obtain something or use to manufacture an item. COst is…

Q: 19) Which of the following is false? Material on a job is classifies as__________. A) direct or…

A: Job costing refers to a costing method that is suitable for the ascertainment of cost of the…

Q: Trak Corporation incurred the following costs while manufacturing its bicycles. Bicycle components…

A: The period costs are the costs that do not relate to the production. These costs generally include…

Q: The following would be classified as product costs except: a. property taxes on production…

A: PRODUCT COST Product Cost are those Cost which is associates with the Manufacturing of Product.…

Q: which of the following is typically a mixed cost? a. Rent for a factory building b. Total…

A: Mixed cost is the combination of two cost such as, fixed cost or variable cost so it includes both…

Q: Which of the following is not an example of a fixed cost   A.Salaries of staff   b. Direct…

A: A fixed cost is a type of cost which does not change with the change in level of activity and will…

Q: Which one of the following represents a period cost? a. Fringe benefits associated with factory…

A: Financial statements are statements which states the business activities performed by the company .…

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…

Q: An example of a nonproduction cost is   a.wages paid to assembly-line employees. b.manufacturing…

A: Cost of production means the addition of direct material , direct labor and factory overhead.…

Q: Which of the following represents the cost of jobs completed but not yet sold? O a. Raw Materials…

A: The answer is as follows:-

Q: When the sale of finished goods is recorded, the balance in which of the following accounts will…

A: The entities that are involved in the making or manufacturing of goods, usually have three types of…

Q: 23. Which of the following costs is relevant to a make-or-buy decision of a particular part of a…

A: Make cost is the cost in producing the product. Buy cost is the cost of purchasing or buying the…

Q: Number the following in the order of the flow of manufacturing costs for a company:

A: Manufacturing cost means the direct cost which are incurred while producing a product

Q: Manufacturing companies are not required to allocate joint-process costs in the valuation of…

A: Joint-process costs refer to the combined costs incurred in a manufacturing process where two or…

Q: 1. Property taxes on a manufacturing plant is an element of: a. Conversion cost b. Prime cost   c.…

A: Since you have posted multiple questions, we will do the first one for you. To get the other…

Q: Which of the following would not be considered a component of the "cost" of Goods Sold? a.…

A: Introduction: Cost of goods sold: It is a income statement item. All direct costs which are directly…