QUESTION 4 Indicate whether each of the following costs incurred by a manufacture would be considered an (Inventoriable) Product Cost or a Period Cost. If the cost is identified as a Product costs, indicate whether it would be considered Direct Material, Direct Labor, or Manufacutring Overhead (MOH). А. Product - MOH The cost to deliver finished product to customers В. Period The insurance costs for the factory building С. Product - Direct Materials The wages of the assembly workers D. Product - Direct Labor

QUESTION 4 Indicate whether each of the following costs incurred by a manufacture would be considered an (Inventoriable) Product Cost or a Period Cost. If the cost is identified as a Product costs, indicate whether it would be considered Direct Material, Direct Labor, or Manufacutring Overhead (MOH). А. Product - MOH The cost to deliver finished product to customers В. Period The insurance costs for the factory building С. Product - Direct Materials The wages of the assembly workers D. Product - Direct Labor

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 2EA: Table 4.3 shows a list of expenses involved in the production of custom, professional lacrosse...

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Which 01 the following is not considered a cost of manufacturing a product A. Direct materials cost B. Factory overhead cost C. Sales salaries D. Direct labor cost
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Table 4.3 shows a list of expenses involved in the production of custom, professional lacrosse sticks. For each Item listed, state whether the cost should be applied to manufacturing or sales and administration. 1f the cost is a manufacturing cost, state whether It Is direct materials, direct labor, or manufacturing overhead. If the cost is a manufacturing overhead cost, state whether it is indirect materials, indirect labor, or another type of manufacturing overhead.
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