Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3 Problem 1-23 (Static) Cost Classification (L01-1, LC1-3, L01-4) Listed below are costs found in various organizations Required: For each cost item, indicate whether it

image text in transcribed
image text in transcribed
3 Problem 1-23 (Static) Cost Classification (L01-1, LC1-3, L01-4) Listed below are costs found in various organizations Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then whether it would be a selling cost, an administrative cost of a manufacturing cost if it is a manufacturing cost, indicate whether it is a direct cost of an indirect cost with respect to units of product. Costnem Variable Feed Selling com Administrative Cout Manufacturing Manufacturing Product Cost Product Cont Direct In Bir Varia FI ed Yes ve Emre bo Em Everes Example Factory rent 1 Property factory 2. Bustorpackaging detergent produced by the company 3. Som 4. S.Stactory Section We woning computers To wa roduction met 10. Mchos din producator 11 hon method CI 3 Yes Fund Fixed Yes Example: Este sans Eagle Factory Proyectory 2. Bused for daging darger produced by the company a persons.com 4. Supervisor's wary factory 5. Decreciation activos We of worming computers 7. hoc fished goods whouses Lubricants for rent 10 Microchiei pruduong colors 11 Somerhand 12. Maginoon 13. Then sancto 14 Eur 15 used in couco 16 Forgenmanding 17 moduction 3 Problem 1-23 (Static) Cost Classification (L01-1, LC1-3, L01-4) Listed below are costs found in various organizations Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold, and then whether it would be a selling cost, an administrative cost of a manufacturing cost if it is a manufacturing cost, indicate whether it is a direct cost of an indirect cost with respect to units of product. Costnem Variable Feed Selling com Administrative Cout Manufacturing Manufacturing Product Cost Product Cont Direct In Bir Varia FI ed Yes ve Emre bo Em Everes Example Factory rent 1 Property factory 2. Bustorpackaging detergent produced by the company 3. Som 4. S.Stactory Section We woning computers To wa roduction met 10. Mchos din producator 11 hon method CI 3 Yes Fund Fixed Yes Example: Este sans Eagle Factory Proyectory 2. Bused for daging darger produced by the company a persons.com 4. Supervisor's wary factory 5. Decreciation activos We of worming computers 7. hoc fished goods whouses Lubricants for rent 10 Microchiei pruduong colors 11 Somerhand 12. Maginoon 13. Then sancto 14 Eur 15 used in couco 16 Forgenmanding 17 moduction

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Theory And Analysis Text And Cases

Authors: Richard G. Schroeder, Myrtle W. Clark, Jack M. Cathey

9th Edition

9780470128817

More Books

Students also viewed these Accounting questions

Question

The paleolithic age human life, short write up ?

Answered: 1 week ago