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Show calculations for your answers to receive full marks. Answer questions, with calculations, in the space provided on this test paper. You are allowed 1
Show calculations for your answers to receive full marks. Answer questions, with calculations, in the space provided on this test paper. You are allowed 1 file submission only on DC connect. QUESTION ONE (6 marks) Listenwell Electronics Corporation manufactures a portable radio designed for mounting on the wall of the bathroom. The following list represents some of the different types of costs incurred in the manufacture of these radios. Required: Classify each of the items below, by placing an X in the appropriate columns for the purpose of preparing external financial statements. Each row may have two or more "X's. Period Factory O/H Product Direct Direct Material Labour Fixed Variable 1) The plant manager's salary. 2) The cost of printed circuit boards used in the manufacture of radios. 3) Commissions of company salespersons. 4) Depreciation on production equipment. 5) Wages of plant janitorial workers. 6) The cost of insurance on the plant building
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