Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help me sovle the question below. Various costs are associated with running a planter box manufacturing business as summarized below: 1. Cedar planks to
please help me sovle the question below. Various costs are associated with running a planter box manufacturing business as summarized below: 1. Cedar planks to produce the boxes cost $100/box 2. Wages for employees that assemble the boxes are $32/box made 3. Rent on manufacturing facility is $5,000/month 4. Commissions to sales staff is paid at $8 per box sold 5. Company CEO is paid $400,000/year 6. Cost to research new planter designs is $50,000/quarter 7. Cost of utilities to produce boxes is $15/box made Classify each cost as being either variable or fixed with respect to number of boxes made. Also indicate whether each cost would typically be treated as a direct material, direct labour, manufacturing overhead or period cost with respect to the number of planters made. (2 marks each)
please help me sovle the question below.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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