E. Identify which of the following costs of a product manufacturer would be included in inventories: • Salaries of assembly line workers Raw materials • Salary of factory foreman • Heating cost for the factory • Miscellaneous supplies used in production process • Salary of the CEO • Costs to ship raw materials from the supplier to the factory • Electricity cost for the factory • Salaries of the sales team • Depreciation of factory machines • Property taxes on factory building • Discounts for early payment of raw material purchases • Salaries of the factory's janitorial staff

E. Identify which of the following costs of a product manufacturer would be included in inventories: • Salaries of assembly line workers Raw materials • Salary of factory foreman • Heating cost for the factory • Miscellaneous supplies used in production process • Salary of the CEO • Costs to ship raw materials from the supplier to the factory • Electricity cost for the factory • Salaries of the sales team • Depreciation of factory machines • Property taxes on factory building • Discounts for early payment of raw material purchases • Salaries of the factory's janitorial staff

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter10: Accounting Systems For Manufacturing Operations

Section: Chapter Questions

Problem 2SEQ: Which of the following costs would be included as part of the factory overhead costs of a computer...

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