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  • Accounts Ass Hanzlahfarooq

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    Hasaan Farooq
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    This document appears to be an assignment question from a managerial accounting class asking the student to classify 9 given costs as either product or period costs and variable or fixed costs. The costs include items related to manufacturing, sales, administration and more for several companies. The student placed X's in the appropriate columns to classify each cost.

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    This document appears to be an assignment question from a managerial accounting class asking the student to classify 9 given costs as either product or period costs and variable or fixed costs. The costs include items related to manufacturing, sales, administration and more for several companies. The student placed X's in the appropriate columns to classify each cost.

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    © All Rights Reserved
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    7 views1 page

    Accounts Ass Hanzlahfarooq

    Uploaded by

    Hasaan Farooq
    This document appears to be an assignment question from a managerial accounting class asking the student to classify 9 given costs as either product or period costs and variable or fixed costs. The costs include items related to manufacturing, sales, administration and more for several companies. The student placed X's in the appropriate columns to classify each cost.

    Copyright:

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

    Hanzlah farooq

    02-111201-092
    BBA 5G

    ASSIGNMENT 1
    MANAGERIAL ACCOUNTING BBA 5

    Question

    Consider the following items:


    A. Tomatoes used in the manufacture of Heinz ketchup
    B. Administrative salaries of executives employed by Southwest Airlines
    C. Wages of assembly-line workers at a Ford plant
    D. Marketing expenditures of the Los Angeles Dodgers baseball club
    E. Commissions paid to Coca-Cola's salespeople
    F. Straight-line depreciation on manufacturing equipment owned by Dell Computer
    G. Shipping charges incurred by Office Depot on out-going orders
    H. Speakers used in Sony home-theater systems
    I. Insurance costs related to a Mary Kay Cosmetics' manufacturing plant

    Required:
    Complete the table that follows and classify each of the costs listed as (1) a product or period
    cost and (2) a variable or fixed cost by placing an "X" in the appropriate column.

    Product or Period Cost Variable or Fixed Cost


    Item Product Period Variable Fixed
    A X X
    B X X
    C X X
    D X X
    E X X
    F X X
    G X X
    H X X
    I X X

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