Which of the following costs may be classifiedas non-manufacturing costs?į Fuel costs of the delivery vehiclesii Indirect materialsiii Rent of the office buildingiv Carriage costs on materials purchasesSelect one:O A. i and ivB. i and iiiO C. iii and ivO D. ii and iii Which account is debited when the net wages ofthe employees are paid?Select one:O A. WagesB. BankO C. Net wagesD. Creditors for wages

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

Which of the following costs may be classified as non-manufacturing costs? į Fuel costs of the delivery vehicles ii Indirect materials iii Rent of the office building iv Carriage costs on materials purchases

Which of the following costs may be classified as non-manufacturing costs? į Fuel costs of the delivery vehicles ii Indirect materials iii Rent of the office building iv Carriage costs on materials purchases

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter5: Completing The Accounting Cycle

Section: Chapter Questions

Problem 2EB: For each of the following accounts, identify whether it is nominal/temporary or real/permanent, and...

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Concept explainers

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.

Question

Which of the following costs may be classified
as non-manufacturing costs?
į Fuel costs of the delivery vehicles
ii Indirect materials
iii Rent of the office building
iv Carriage costs on materials purchases
Select one:
O A. i and iv
B. i and iii
O C. iii and iv
O D. ii and iii

Which account is debited when the net wages of
the employees are paid?
Select one:
O A. Wages
B. Bank
O C. Net wages
D. Creditors for wages

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