Below are costs associated with a car manufacturer. Number the costs below and indicate V or F for variable or fixed. Then S, A, D or I for Selling. Admin, Direct (product cost) or Indirect (product cost). Cost Wages of workers assembling the cars 2 Advertising costs 3 Factory supervision 1 4 Property tax, factory building 5 Sales commissions 6 Insurance, factory 7 8 9 10 11 12 13 14 Depreciation, office equipment Lease cost, factory equipment Depreciation, factory building Office supplies Office salaries Steel used in the cars Utilities, factory Shipping costs for the cars.

Classifying costsThe following is a list of costs that were incurred in the production andsale of lawn mowers: a. Premiums on insurance policy for factory buildingsb. Tires for lawn mowersc. Filter for spray gun used to paint the lawn mowersd. Paint used to coat the lawn mowers, the cost of which isimmaterial to the cost of the final product e. Plastic for outside housing of lawn mowersf. Salary of factory supervisorg. Hourly wages of operators of robotic machinery used inproduction h. Engine oil used in mower engines prior to shipmenti. Salary of vice president of marketingj. Property taxes on the factory building and equipmentk. Cost of advertising in a national magazine1. Gasoline engines installed in the lawn mowers m. Electricity used to run the robotic machineryn. Straight-line depreciation on the robotic machinery used tomanufacture the lawn mowerso. Salary of quality control supervisor who inspects each lawnmower before it is shipped p. Attorney fees for drafting a new lease…

Classify Costs Following is a list of various costs incurred in producing replacement automobile parts. With respect to the production and sale of these auto parts, classify each cost as variable, fixed, or mixed. 1. Cost of labor for hourly workers Fixed 2. Factory cleaning costs, $6,000 per month Mixed 3. Hourly wages of machine operators Variable 4. Computer chip (purchased from a vendor) 5. Electricity costs, $0.20 per kilowatt-hour 6. Metal 7. Salary of plant manager 8. Property taxes, $165,000 per year on factory building and equipment 9. Plastic 10. Oil used in manufacturing equipment 11. Rent on warehouse, $10,000 per month plus $25 per square foot of storage used 12. Property insurance premiums, $3,600 per month plus $0.01 for each dollar of property over $1,200,000 13. Straight-line depreciation on the production equipment 14. Pension cost, $1.00 per employee hour on the job 15. Packaging

Classify each cost as being either variable or fixed with respect to the number of units produced and sold. 1. Insurance on IBM's corporate headquarters 2Salary of a supervisor overseeing production of printers at Hewlett 3. Commissions paid to automobile salespersons. 4. Depreciation of factory lunchroom facilities at a General Electric plant. 5. Steering wheels installed in BMWs.

1.26 The Company bears the following costs for the manufacture of weed cutting tools: Weed cutting shaft and scissor blade Weed cutting motor Factory work for workers assembling weed cutting shears Nylon yarn used in weed cutting machine(not detected on product) Glue to hold the housing Salaries of factory foremen Factory rent Sales commissions Salaries of administrators Factory utilities Shipping costs of finished weed cutting products to customers Requested: Describe the difference between period cost and product cost Classify Lawlor costs as period costs or product costs. One costs are product costs, then classify these as direct materials, direct labor or general industrial expenses.

The following is a list of costs for a car manufacturer. Classify each of the following costs as: a. Direct or indirect with respect to one unit (car) produced; b. Direct materials (DM), direct labor (DL), manufacturing overhead (MOH), selling (S), or administrative (A) Cost Steel used in cars CEO's salary Cost of shipping cars to customers Factory manager's salary Direct or Indirect DM, DL, MOH, S, or A