Direct manufacturing costs include:A.B.C.D.Depreciation, Raw Materials and Maintenance of manufacturingequipment.Premium portion of overtime wages, raw materials and rent on themanufacturing building.Direct Labor, Variable Manufacturing overhead and Raw Materials.None of the above.What are Prime Costs?A.BC.D.The major cost used to produce a product.Costs that are reduce the profit of a product.Raw Materials and Direct LaborDirect Labor and Manufacturing Overhead.What are differential Revenues?A.B.C.D.Differential Revenues are the differences in revenues between anycompeting alternatives to the solution of a problem.They are Costs that increase the revenue a Product Line.Any Revenue that increases when costs go down.A Revenue the moves in the opposite direction of a Cost.The linear equation method of determining breakeven in units is superior to othermethods of calculating the breakeven because:A.ABCDC.D.it uses algebra to calculate the breakeven point.it is the equation for a straight line.is the most accurate method of calculating the breakeven point.None of the above.

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Direct manufacturing costs include: A. B. C. OD Depreciation, Raw Materials and Maintenance of manufacturing equipment. Premium portion of overtime wages, raw materials and rent on the manufacturing building. Direct Labor, Variable Manufacturing overhead and Raw Materials. D. None of the above.

Direct manufacturing costs include: A. B. C. OD Depreciation, Raw Materials and Maintenance of manufacturing equipment. Premium portion of overtime wages, raw materials and rent on the manufacturing building. Direct Labor, Variable Manufacturing overhead and Raw Materials. D. None of the above.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

Direct manufacturing costs include:
A.
B.
C.
D.
Depreciation, Raw Materials and Maintenance of manufacturing
equipment.
Premium portion of overtime wages, raw materials and rent on the
manufacturing building.
Direct Labor, Variable Manufacturing overhead and Raw Materials.
None of the above.
What are Prime Costs?
A.
B
C.
D.
The major cost used to produce a product.
Costs that are reduce the profit of a product.
Raw Materials and Direct Labor
Direct Labor and Manufacturing Overhead.
What are differential Revenues?
A.
B.
C.
D.
Differential Revenues are the differences in revenues between any
competing alternatives to the solution of a problem.
They are Costs that increase the revenue a Product Line.
Any Revenue that increases when costs go down.
A Revenue the moves in the opposite direction of a Cost.
The linear equation method of determining breakeven in units is superior to other
methods of calculating the breakeven because:
A.
ABCD
C.
D.
it uses algebra to calculate the breakeven point.
it is the equation for a straight line.
is the most accurate method of calculating the breakeven point.
None of the above.

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