Question
1- Under variable costing only direct variable manufacturing costs are inventoriable. no manufacturing costs are inventoriable. all manufacturing costs are inventoriable. only direct fixed manufacturing
1- Under variable costing
only direct variable manufacturing costs are inventoriable.
no manufacturing costs are inventoriable.
all manufacturing costs are inventoriable.
only direct fixed manufacturing costs are inventoriable.
2-When determining costs of jobs, how does a company account for indirect materials? Indirect materials could be things like oil for a machine in production or cleaning chemicals in a hair salon.
Added to Direct Materials Added to Manufacturing Overhead Added to Fixed Overhead Added to Work in Progress (WIP)
3-
In a Job Order system, the money paid to the Factory Manager would be found in:
Direct Labour Fixed Overhead Administration Costs Variable Overhead
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