Classifying Cost Items
Not what you're looking for?
Classify the cost items as direct or indirect , fixed or variable.
Cost Item D or I F or V
a. Salary of the production department manager who oversees
manufacturing.
b. Salaries of company founders.
C. Cardboard trays used to package sets of 12 specialty
biscuits.
d. Salary of the Web graphics designer who prepares the online
illustrations and layout.
e. Annual maintenance service agreement for the conveyor belt.
f. Wages paid to assembly line workers who mix ingredients
in batches.
g. Utilities such as water, electricity, waste for the warehouse.
h. Cost of ingredients
The company sells dog cookies to Wal-Mart to sell in their stores,
is this considered a period cost or an inventoriable cost? What costs
can Wal-Mart include as part of the purchase cost?
Purchase this Solution
Solution Summary
This solution illustrates how to classify costs as direct, indirect and as fixed or variable.
Solution Preview
Classify the cost items as direct or indirect , fixed or variable.
Cost Item D or I F or V
a. Salary of the production department manager who oversees
manufacturing.
Indirect and Fixed
b. Salaries of company ...
Purchase this Solution
Free BrainMass Quizzes
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.