For each cost, indicate whether it would most likely be classified as direct materials, direct labor, manufacturing overhead, or selling and administrative. (a) Amortization of patents on factory machine (Select one) (Select one) (b) Components used to make product A (c) Direct materials used (Select one) (d) Factory utilities (Select one) (e) Property taxes - factory. (Select one) (f) The cost of a hard-drive installed in a computer for a computer assembling company (Select one) (g) The wages of employees who assemble computers from components. (h) The wages of the company's accountant (1) Wages of the product tester () Wages to assembly line A workers. (Select one) (Select one) (Select one) (Select one)

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 3DQ: Which of the following costs would be included in the cost of a manufactured product according to...
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For each cost, indicate whether it would most likely be classified as direct materials, direct labor, manufacturing overhead, or selling and administrative.
(a) Amortization of patents on factory machine
(b) Components used to make product A
(Select one)
(Select one)
(Select one)
(c) Direct materials used
(d) Factory utilities
(e) Property taxes - factory.
(f) The cost of a hard-drive installed in a computer for a computer assembling company
(g) The wages of employees who assemble computers from components
(h) The wages of the company's accountant
(i) Wages of the product tester
() Wages to assembly line A workers
(Select one)
(Select one)
(Select one)
(Select one)
(Select one)
(Select one)
(Select one)
Transcribed Image Text:For each cost, indicate whether it would most likely be classified as direct materials, direct labor, manufacturing overhead, or selling and administrative. (a) Amortization of patents on factory machine (b) Components used to make product A (Select one) (Select one) (Select one) (c) Direct materials used (d) Factory utilities (e) Property taxes - factory. (f) The cost of a hard-drive installed in a computer for a computer assembling company (g) The wages of employees who assemble computers from components (h) The wages of the company's accountant (i) Wages of the product tester () Wages to assembly line A workers (Select one) (Select one) (Select one) (Select one) (Select one) (Select one) (Select one)
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