Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

tables are made of wood, wood cost is $100 per table. tables are made of worker, $40 paid to the worker per table workers assembling

  1. tables are made of wood, wood cost is $100 per table.
  2. tables are made of worker, $40 paid to the worker per table
  3. workers assembling tables are supervised by a factory supervised who is paid $25,000 per year
  4. Electrical costs are $2 per machine hour and four machine hour per table $2*4hour= $8per table
  5. the straight line amortization or depreciation of the machines used to make is $10,000 per year
  6. the salary of president of porter company is $100,000 per year
  7. business spends $250,000 per year on ads
  8. salespersons are paid a commission of $30 for each table sold
  9. instead of producing the table, porter company could rent its factory space out at a rental income of $50,000 per year

Answer all 9 question in which cost can they be ?

Variable cost

Fixed cost

Period cost

Direct cost

Indirect cost

Direct materials

Direct labor

Manufacturing overhead

Sunk cost

Opportunity cos

Example: Q 1 comes in variable cost , direct cost, direct materials.

Q 2 comes in variable cost , direct cost, and direct labor.

could you please answer the rest of question in details.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Advanced Accounting

Authors: Joe Ben Hoyle

8th Edition

1260575926, 978-1260575927

More Books

Students also viewed these Accounting questions

Question

3. Deal with less-severe problems later.

Answered: 1 week ago

Question

Always show respect for the other person or persons.

Answered: 1 week ago