FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Market Efficiency
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Listed here are product costs for production of soccer balls. Classify each cost as either direct or indirect. Product Cost 1. Rubber bladder interior for balls 2. Factory building rent 3. Wages of factory machine operators 4. Factory insurance used up 5. Needles used in stitching soccer balls 6. Annual flat fee paid for factory cleaning 7. Wages of factory maintenance workers 8. Factory utilities 9. Annual flat fee paid for factory security 10. Wages of product assembly workers Direct or Indirect
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Transcribed Image Text:Listed here are product costs for production of soccer balls. Classify each cost as either direct or indirect. Product Cost 1. Rubber bladder interior for balls 2. Factory building rent 3. Wages of factory machine operators 4. Factory insurance used up 5. Needles used in stitching soccer balls 6. Annual flat fee paid for factory cleaning 7. Wages of factory maintenance workers 8. Factory utilities 9. Annual flat fee paid for factory security 10. Wages of product assembly workers Direct or Indirect
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