Top Shelf Company builds oak bookcases. Determine whether each of the following is a direct material (DM),
Question:
_____ 1. Depreciation on factory equipment.
_____ 2. Depreciation on delivery trucks.
_____ 3. Wood used to build a bookcase.
_____ 4. Production supervisor’s salary.
_____ 5. Glue and screws used in the bookcases.
_____ 6. Wages of persons who assemble the bookcases.
_____ 7. Cost to run an ad on local radio stations.
_____ 8. Rent for the factory.
_____ 9. CEO’s salary.
_____ 10. Wages of person who sands the wood after it is cut.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted: