Question
How It's Made: Rubber Balls Watch this Video: How Rubber Balls are MadeLinks to an external site. After watching the video think about the process
How It's Made: Rubber Balls
Watch this Video: How Rubber Balls are MadeLinks to an external site.
After watching the video think about the process of making a rubber ball in terms of cost flows. Then answer the following:
What direct materials are used in the production of the rubber balls? At what point are those materials added?
What direct labor costs are likely to be incurred in the production of rubber balls?
Give several examples of manufacturing overhead costs that are likely to be incurred by the production of the rubber balls
What difficulties might there be in determining the cost of the rubber balls?
What other thoughts do you have from an accounting perspective about making rubber balls?
Format: Answers only are fine.
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