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    Kimmel, Accounting: Tools for Business Decision Making, 5e

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    Kimmel, Accounting: Tools for Business Decision Making, 5e

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    15 views1 page

    Exercise 14 2

    Uploaded by

    Brandon Han
    Kimmel, Accounting: Tools for Business Decision Making, 5e

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    2015.9.14.

    Exercise142

    Printby:SangHyunHan
    CYPC151_ACCT102_11369:11369ACCT102CHY2ManagerialAccounting/Ch14HW
    Part1

    Exercise142
    Youransweriscorrect.
    PresentedbelowisalistofcostsandexpensesusuallyincurredbyBarnumCorporation,a
    manufactureroffurniture,initsfactory.
    Classifythebelowitemsintothefollowingcategories:(a)directmaterials,(b)directlabor,and(c)
    manufacturingoverhead.
    Item

    Category

    1.

    Salariesforassemblylineinspectors.

    DirectLabor

    2.

    Insuranceonfactorymachines.

    ManufacturingOverhead

    3.

    Propertytaxesonthefactorybuilding.

    ManufacturingOverhead

    4.

    Factoryrepairs.

    ManufacturingOverhead

    5.

    Upholsteryusedinmanufacturingfurniture.

    DirectMaterials

    6.

    Wagespaidtoassemblylineworkers.

    DirectLabor

    7.

    Factorymachinerydepreciation.

    ManufacturingOverhead

    8.

    Glue,nails,paint,andothersmallpartsusedinproduction. ManufacturingOverhead

    9.

    Factorysupervisorssalaries.

    10. Woodusedinmanufacturingfurniture.

    ManufacturingOverhead
    DirectMaterials
    QuestionAttempts:2of5used

    Copyright20002015byJohnWiley&Sons,Inc.orrelatedcompanies.Allrightsreserved.

    http://edugen.wileyplus.com/edugen/shared/assignment/test/qprint.uni

    1/1

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