Which of the following costs is not a product cost? * 1 point a. Depreciation on the plant installed in the factory b. The electricity cost of the office of factory foreman c. The cost of shipping finished products to customers d. The cost of fuel used in the factory

Q: 6) Which of the following costs would be included as part of factory overhead? depreciation of plant…

A: Factory Overhead are Cost incurred in Manufacturing process which is not directly attributed to a…

Q: Which of the following costs is a direct cost for a manufactured product? A) Depreciation Expense…

A: The direct cost is expense that can be directly traceable to specific product.

Q: Which of the following would be classified as indirect production overhead cost in a food processing…

A: Indirect production overhead are those indirect expenses of the business which are incurred for…

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: Below is a table showing the various costs incurred by various companies. In each column, indicate…

A: The total cost of all resources utilized in the production of a product is known as manufacturing…

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: Which of the following costs would be included in the cost of a manufactured product according to…

A: Under variable costing method, only variable cost considered and included in production cost and…

Q: Which of the following is not an example of a cost that varies in total as the nunber of units…

A: The cost can be classified into two categories i.e fixed cost and variable cost. The  FIxed cost…

Q: Below is a table showing the various costs incurred by various companies. In each column, indicate…

A: Solution: Classification and explanation of each cost are as under:

Q: Indicate whether each of the following should be considered a product cost or a period cost. If you…

A: Direct  product cost is the cost incurred  to manufacture  a product  that can be directly…

Q: Which of the following is a manufacturing overhead and a fixed c O a. Wood used in a table. O b.…

A: Ans. Manufacturing overhead are the indirect costs in the production process. Fixed costs are the…

Q: QUESTION 11 Indicate whether each of the following costs incurred by a manufacture would be…

A: The product costs are the costs that are directly or indirectly related to production process, such…

Q: Who of the agreed in advance is not a cost of the product? The cost of the factory's fuel The…

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

Q: Which one of the following is not an example of a committed fixed cost? a. The salary of the deputy…

A: Fixed cost refers to those cost which do not change with increase or decrease in production…

Q: Which of the following would most likely be a period cost? Depreciation on factory lunchroom…

A: Solution: "salary of telephone receptionist in the sales office" would most likely be a period cost.

Q: QUESTION 4 Indicate whether each of the following costs incurred by a manufacture would be…

A: The cost to deliver finished product to customer It is a unit cost hence it is Product- MOH

Q: Which of the following costs may be classified as non-manufacturing costs? į Fuel costs of the…

A: Non manufacturing costs are the costs that are not related to manufacturing. The following costs may…

Q: For each cost item, indicate whether it would be variable or fixed with respect to the number of…

A: Variable cost represents the cost that is directly related to the output whereas the fixed costs…

Q: Which of the following statement(s) islare correct? I. Non-manufacturing costs are expensed as…

A: Product cost includes all the direct expenses and overheads concerned with the product. for example…

Q: Classification of Costs Following is a list of costs from Oakland Company, a furniture…

A:

Q: Which one of the following is not an example of a committed fixed cost? O a. None of the given…

A: Introduction:- Fixed costs incurred irrespective of the manufacturing or sales level. Costs such as…

Q: Which one of the following is not an example of a committed fixed cost? O a. The property taxes of…

A: Option c is correct.

Q: All are examples of a conversion cost EXCEPT: a. All the examples given are conversion costs b. The…

A: Conversion cost: This is the cost incurred to convert the raw materials into finished goods. These…

Q: Depreciation of a factory equipment is treated as ____, while deprecation of an automobile used for…

A: Manufacturing overhead is the indirect cost that is spent in the manufacturing process. Examples of…

Q: Which of the following costs may be classified as fixed costs? i Direct labour ii Depreciation…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: Below is a table showing the various costs incurred by various companies. In each column, indicate…

A: The costs incurred on production can be classified as direct cost, indirect cost, manufacturing or…

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: 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: Classifying Costs The following is a list of costs incurred by several manufacturing companies.…

A: PLEASE LIKE THE ANSWER     S. No  Cost  Classification  a  Bonus for Vice President…

Q: Which of the following is a part of Prime Cost? a. Direct Labour b. Indirect Wages c. Rent of…

A: Prime cost includes all the direct costs such as direct material, direct labor, and direct expenses.…

Q: Which of the following is a direct cost with respect to producing a motor car? a. Cost of car engine…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Classifying Costs as Factory Overhead Which of the following items are properly classified as part…

A: Factory overheads (manufacturing overheads) are the fixed costs that don’t change with the…

Q: Identify whether each of the following is classified as a product cost or a period cost.…

A: Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Which of the following is a direct cost with respect to producing a motor car? a. Cost of car engine…

A: Cost accounting:- Cost accounting helps the determine the overall cost that occurred at the time of…

Q: ow is a table showing the various costs incurred by various companies. In each column, indicate the…

A: Manufacturing overheads refers to all the indirect cost which is made in order to manufacture the…

Q: (b) Classify whether the items below refer to direct material cost (DM), direct labour cost (DL), or…

A: Direct Material Cost :— It is the cost of materials that is directly traceable to product. It means…

Q: Below is a table showing the various costs incurred by various companies. In each column, indicate…

A: Solution:- Indication of the proper classification of these costs as follows:- Introduction:-…

Q: QUESTION 12 Which of the following costs is not a product cost? The cost of fuel used in the factory…

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

Q: 1 For a manufacturing company, which of the following is an example of a period cost rather than a…

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

Q: Which of the following is a direct cost with respect to producing a motor car? a. Salary of…

A: The question requires us to find Direct cost with respect to producing a motor car.

Q: State whether and how the following situations are possible or not on introducing a JIT system of…

A: Just in time is an inventory costing system used to value inventories where it has been used to…

Q: All are examples of a conversion cost EXCEPT: a. All the examples given are conversion costs Ob. The…

A: Conversion cost means the addition of direct labor and factory expenses.

Q: Please help with this one.   Cost Item    Direct or Indirect Cost? Fixed or Variable Cost? 1…

A: Direct cost means the cost incurred in manufacturing and indirect cost is administrative, selling…

Q: Indicate whether each of the following should be considered a product cost or a period cost. I you…

A: Direct costs: Costs which are directly traceable to the product called direct cost. Example : Direct…

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.