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Pick correct answer, number: 1. Which of the following is an example of direct labor? 1. Chef in a restaurant 2. Janitor in a production
Pick correct answer, number: 1. Which of the following is an example of direct labor? 1. Chef in a restaurant 2. Janitor in a production plant 3. Security guard for the factory 4. Management accountant 2. Overhead includes: 1. Indirect labor 2. Indirect materials 3. Supplies 4. All of these 3. The unit cost: 1. Is the total product costs divided by the number of units produced. 2. Includes period costs 3. Is the total prime costs divided b the number of units produced 4. Is the total conversation costs divided by the number of units produced 4. Prime Cost is: 1. Indirect materials cost and indirect labor cost 2. Direct materials cost and direct labor cost 3. Direct labor cost and overhead cost 4. Selling cost and administrative cost 5. Conversion cost is the sum of: 1. Direct materials cost and direct labor cost 2. Indirect labor cost and overhead cost 3. Product costs and period costs 4. Direct labor cost and overhead cost 6. Which is an example of period cost? 1. Research and development 2. Selling and marketing 3. General accounting 4. All of these 7. The cost of the partially completed goods at the end of the period would be: 1. Beginning work in process inventory 2. Cost of goods manufactured 3. Ending work in process inventory 4. Ending finished goods inventory 8. Which of the following would be found on the Balance Sheet of a manufacturer? 1. Cost of goods sold 2. Cost of goods manufactured 3. Factory building 4. All of these
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