Refer to the following data to answer the question: Direct material used Selling costs Indirect labour Administrative costs Depreciation on factory equipment Direct labour Overtime premiums paid Indirect materials $ 150 000 $ 5.000 $7.000 $ 10.000 70 000 40 000 $20 000 $ 45 000 +A $ $

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.2E: Identify cost graphs The following cost graphs illustrate various types of cost behavior: For each...
icon
Related questions
Question
Refer to the following data to answer the question:
Direct material used
Selling costs
Indirect labour
Administrative costs
Depreciation on factory equipment
Direct labour
Overtime premiums paid
Indirect materials
The prime costs are:
Select one:
O a. $142 000.
O b. $40 000.
O c. $150 000.
O d. $190 000.
$ 150 000
$
5.000
$
7.000
$
$
$
Ent
tit.
$
$
Eft
10 000
70 000
40 000
20 000
45 000
Transcribed Image Text:Refer to the following data to answer the question: Direct material used Selling costs Indirect labour Administrative costs Depreciation on factory equipment Direct labour Overtime premiums paid Indirect materials The prime costs are: Select one: O a. $142 000. O b. $40 000. O c. $150 000. O d. $190 000. $ 150 000 $ 5.000 $ 7.000 $ $ $ Ent tit. $ $ Eft 10 000 70 000 40 000 20 000 45 000
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Cost classification
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning