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1 - Cost Classifications (2pts): Listed below are costs for a firm that produces of soccer jerseys. For each cost, fill in the table below
1 - Cost Classifications (2pts): Listed below are costs for a firm that produces of soccer jerseys. For each cost, fill in the table below and indicate which of the following classifications best describe the cost. If the cost is a manufacturing cost, decide whether it is a DM, DL, or Factory OH cost. If the cost is a non-manufacturing cost, decide whether it is a selling or a general & administrative cost.
canvas.illinois.edu Submit: Problem Set (PS) Weekly Homework #6 PS llOlTlEWOl'k #IiSpri 1 Cost Classifications (Zpts): Listed below are costs for a firm that produces of soccer jerseys. For each cost, ll in the table below and indicate which of the following classifications best describe the cost. If the cost is a manufacturing cost, decide whether it is 3 DM, DL, or Factory OH cost. If the cost is a non-manufacturing cost, decide whether it is a selling or a general & administrative cost. Manufacturin Cost Non-ManufacturingCost Cost item: Direct Direct Factory Selling General& Material Labor Overhead Administrative (DMl (DI-l (OH) Administrative office salaries b. Commissions paid to sales personnel Factory supervisor's salary d. Factory utilities e. Needles used to hand sew logos onto the jerseys f. Ofce supplies for the main office g. Polyester fabric used in the jerseys h. Straight-line Depreciation of factory equipment i. Straight-line Depreciation of main office equipment j. Wages for assembly line workers 9' E"Step by Step Solution
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