Question
Instructions: Classify the following manufacturing costs and expenses. Vanguard Manufacturing Company incurs the following costs and expenses in making furniture: Insurance on delivery equipment [
Instructions:Classify the following manufacturing costs and expenses.
Vanguard Manufacturing Company incurs the following costs and expenses in making furniture:
Insurance on delivery equipment
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Oak and cherry wood used in desks and chairs
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Lubricants, rosin, and polishing compounds used in manufacturing
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Advertising in trade magazines
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Rent on leased factory machinery
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Wages of assembly line workers
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Salesperson's commissions
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Insurance on factory machines
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Depreciation on factory machinery
[ Choose ]
Direct labor cost
Period cost
Direct materials cost
Manufacturing overhead cost
Wages of factory janitors
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Statistics For Managers Using Microsoft Excel
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
7th Edition
978-0133061819, 133061817, 978-0133130805
