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Question#1 The following is a list of costs and expenses usually incurred by BC Corporation, a manufacturer of furniture, in its factory. 1. Wood used
Question#1 The following is a list of costs and expenses usually incurred by BC Corporation, a manufacturer of furniture, in its factory. 1. Wood used in manufacturing furniture. 2. Salaries for product inspectors. 3. Insurance on factory machines. 4. Property taxes on the factory building. 5. Factory repairs. 6. Upholstery used in manufacturing furniture. 7. Wages paid to assembly-line workers in producing furniture. 8. Factory machinery depreciation. 9. Glue, nails, paint, and other small parts used in production. 10. Factory supervisors' salaries. Required: Beside each item indicate if it is DM (Direct materials), DL (Direct labour) or MOH (Manufacturing Overhead costs necessary to manufacture but can not be attached to a particular manufactured item)
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