Indicate whether each of the following costs is a direct cost or an indirect cost of the restaurant in a hotel.a. Cost of food served.b. Chef’s salary and fringe benefits.c. Part of the cost of maintaining the grounds around the hotel, which is allocated to the restaurant.d. The portion of the cost of advertising the hotel that has been allocated to the restaurant.

Indicate whether each of the following costs is a direct cost or an indirect cost of the restaurant in a hotel.a. Cost of food served.b. Chef’s salary and fringe benefits.c. Part of the cost of maintaining the grounds around the hotel, which is allocated to the restaurant.d. The portion of the cost of advertising the hotel that has been allocated to the restaurant.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 12EB: Assign each of the following expenses to either the machine cost pool or the factory cost pool: A....

See similar textbooks

Similar questions

What will be likely long-term impact on the revenue generating ability of the restaurant of understaffing it's dining room?
Which one of the following is an example of a committed cost? a. The cost of annual end of year celebration а. b. None of the given answers С. The salary of the chief operating officer d. The cost of employee training program * e. The salary of the marketing manager
How can a hotel’s management use cost-volume-profit analysis to help in deciding on room rates?
Which one of the following is an example of a committed cost? O a. The salary of the marketing manager O b. None of the given answers С. The cost of employee training program O d. The salary of the chief operating officer e. The cost of annual end of year celebration
Which one of the following is an example of a committed cost? a. The salary of the marketing manager O b. The salary of the chief operating officer O c. None of the given answers O d. The cost of employee training program O e. The cost of annual end of year celebration
All of the following costs would be included when calculating equipment cost, except: Select one: a. Installation costs on new equipment. b. Insurance during transit on new equipment. c. Sales taxes paid on new delivery truck. O d. Motor vehicle licenses cost on delivery trucks.
Classify each Direct or indirect cost a. Cost to lease (rent) railroad cars b. Cost of track and bed (ballast) replacement c. Diesel fuel costs d. Cost to lease (rent) train locomotives e. Depreciation of terminal facilities f. Maintenance costs of right-of-way, bridges, and buildings g. Salaries of dispatching and communications personnel h. Headquarters information technology support staff salaries i. Safety training costs j. Wages of train engineers k. Wages of switch and classification yard personnel I. Costs of accident cleanup
Within the accounting system of a group of companies, the following types of expenses are incurred. Complete the following table by placing each expense in the correct cost classification. Reference Number Types of expenses 1 Costs of opening a new facility 2 Costs of conducting business in a new location or with a new class of customer (including costs of staff training) 3 Costs of site preparation 4 Costs of testing whether the asset is functioning properly 5 Electrical installation costs 6 Costs of dismantling and removing the item and restoring the site on which it is located 7 Administration costs 8 Import duty of an imported machine 9 Purchase of a five-year maintenance contract with plant 10 Legal fees for sales and purchase agreement for acquisition of land 11 Interest on loan on a self constructed property after the asset is ready for use 12 Architect fees incurred for self constructed building 13 General overheads incurred for self…
In a homeless shelter, what sorts of things are going on in the background? Make a second list. Do not forget: non-labor or non-indirect-materials overhead expenses (and activities) are those costs directly associated with the production of goods or the provision of services
1. State whether each of the below is Capital Expenditure or Revenue Expenditure.a. Purchase of new delivery vehicleb. Payment of an invoice for advertisingc. Costs of clearing the site ready for an extension to the factory buildingd. Signwriting on the outside of the new delivery vehiclese. Redecoration of the officef. Payment of delivery driver’s wagesg. Fuel for delivery vehiclesh. Fitting of shelving in delivery vehicle
Classify each cost as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory Indicate whether each period cost is a selling expense or an administrative expense. Costs a. Annual bonus paid to the chief financial officer of the company b. Annual fee to a celebrity to promote the aircraft c. Cost of electronic guidance system installed in the airplane cockpit d. Cost of the flight data recorder (the black box) for the airplane e. Cost of normal scrap from production of the airplane body f. Cost of small replicas of the airplane used to promote and market the airplane g. Cost of paving the headquarters employee parking lot h. Decals for cockpit door, the cost of which is immaterial to the cost of the final product 1. Depreciation on factory equipment j. Hourly wages for janitorial staff for the factory k. Hydraulic pumps used in the airplane's flight control system 1. Instrument panel installed in the…
Suggest a reasonable basis for allocating each of the following indirect expenses to departments: (a) salary of a supervisor who manages several departments, (b) rent, (c) heat, (d) electricity for lighting, (e) janitorial services,( f ) advertising, (g) expired insurance on equipment, and (h) property taxes on equipment.