question 16.1A

Select the "Virtual Tour" from the list of activities on the left-hand side of the screen. Choose "Bottle work" to see the bottling operation. Determine five direct materials that are user to create coca-cola. Identify at least three types of labor. For each type of labor, Identify it as direct or indirect. Identify at least three types of overhead costs. Use the Home Depot 2009 financial statements in Appendix A at the end of this textbook. Read. note l to the financial statements that summarizes significant accounting policies for Home Depot. Read the section titled "Cost of sales" on page A-9.Explain how Home Depot classifies some transportation, shipping, and handling costs as period expenses and others as product costs. On what basis does it distinguish between shipping or transportation costs that are period expenses and those that are products costs? Aqua Marine manufactures fiberglass fishing boats. The manufacturing cost incurred during its first year of operations are shown as follows: During the year, 112 completed boats were manufactured, of which 100 were sold. (Assume that the amount of the ending inventory of finished goods and the cost of goods sold are determined using the average per-unit cost of manufacturing a completed boat.) Instructions Compute each of the following and show all computations: The average per-unit cost of manufacturing a completed boat during the current year. The year-end balances of the inventories of materials, work in process, and finished goods. The cost of goods sold during the year. For the current year, the costs of direct materials purchased, direct labor assigned to production, and actual manufacturing overhead total $775,000. Is this the amount of manufacturing costs deducted from revenue in the current year? Explain fully. Road Warrior Corporation began operations early in the current year, building motor homes. During the year, the company started and completed 45 motor homes at a cost of$55,000 per unit. Of these, 43 were sold for $105,000 each and two remain in finished goods inventory. In addition the company had six partially alphabetically) were as follow