Answered step by step
Verified Expert Solution
Question
1 Approved Answer
E. $48,000 Use the following information for questions 9-11: Product advertising Fire insurance premium for factory.. Electricity, sales offices... Lubricating oil for sewing machines. Foam
E. $48,000 Use the following information for questions 9-11: Product advertising Fire insurance premium for factory.. Electricity, sales offices... Lubricating oil for sewing machines. Foam cushions used in production.. Assembly line workers' wages.. Rent, factory building. Freight-out. Salary, company president... Property taxes, corporate headquarters. Total $20,000 5.000 2,000 4,000 32,000 46,000 10,000 6,000 25,000 3.000 $153,000 9. What dollar amount of these costs would be considered manufacturing (production) overhead? A. $19,000 B. $45,000 C. $51.000 D. $97.000 E. None of the above 10. What dollar amount of these costs would be considered period costs? A. $30,000 B. $45,000 C. $56,000 D. $97.000 E. None of the above 11. What dollar amount of these would be considered product costs? A. $56,000 B. $97.000 C. $103,000 D. $153,000 E None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started