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QUESTION 7 Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for
QUESTION 7
Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for last year:
Cost of clay used in production | $ | 75,000 |
Wages paid to the workers who paint the figurines | $ | 86,000 |
Wages paid to the sales manager's secretary | $ | 38,000 |
Cost of junk mail advertising | $ | 55,000 |
What is the total of the product costs above?
$161,000 | ||
$179,000 | ||
$0 | ||
$93,000 |
2.5 points
QUESTION 8
Which of the following would usually be found on a job cost sheet under a normal cost system?
Actual direct material cost | Actual manufacturing overhead cost | |
A) | Yes | Yes |
B) | Yes | No |
C) | No | Yes |
D) | No | No |
Choice A | ||
Choice B | ||
Choice C | ||
Choice D |
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