FINANCIAL AND MANAGERIAL ACCOUNTING
FINANCIAL AND MANAGERIAL ACCOUNTING
9th Edition
ISBN: 9781264562466
Author: Wild
Publisher: MCG
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Chapter 14, Problem 3QS

Classifying product costs C2

Identify each of the following costs as either direct materials (DM), direct labor (DL), or factory overhead (FO). The company manufactures tennis balls.

1. Rubber used to form the cores

2. Factory maintenance

3. Wages paid to assembly workers

4. Glue used in binding rubber cores to felt covers

5.Depreciation-Factory equipment

6.Cants to package the balls

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Cost Classifications - Managerial Accounting- Fixed Costs Variable Costs Direct & Indirect Costs; Author: Accounting Instruction, Help, & How To;https://www.youtube.com/watch?v=QQd1_gEF1yM;License: Standard Youtube License