Which of the following costs would not be included in the conversion cost for a furniture manufacturer? Group of answer choices Indirect materials or manufacturing supplies Wages of Machine operators working with cutting saws Wood Factory equipment depreciation
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- Question Content Area Which of the following would be included in the cost of a product manufactured according to absorption costing? a. sales salaries b. advertising expense c. office supplies costs d. depreciation expense on factory buildingWhich among the following decision can be taken with Life Cycle Costing method? a. Making choice between competing supplies of products and services b. All the options listed c. Purchase of a machinery to be used in production process d. Implementing new computerized system in the companyWhich of the following costs may be classified as non-manufacturing costs? į Fuel costs of the delivery vehicles ii Indirect materials iii Rent of the office building iv Carriage costs on materials purchases Select one: A. i and iv B. i and iii C. iii and iv D. ii and iii
- 19) Which among the following decision can be taken with Life Cycle Costing method? a. All the options listed b. Implementing new computerized system in the company c. Making choice between competing supplies of products and services d. Purchase of a machinery to be used in production processIn differential cost analysis, which one of the following best fits the description of a sunk cost? a. Direct materials required in the manufacture of a table b. Purchasing department costs incurred in acquiring material c. Cost of the forklift driver to move the material to the manufacturing floor d. Cost of a large crane used to move materialsConversion costs include all of the following except: A. wages of production workers B. depreciation on factory equipment C. factory utilities D. direct materials purchased
- Insurance expense incurred on a factory building would be treated as a Group of answer choices selling cost direct cost period cost product costWhich of the following is an example of a cost that varies in proportion to changes in the activity base? Depreciation on machinery Packaging cost Factory rent Insurance costWhich of these costs would be the most difficult to estimate when you know exactly how many units will be produced? Group of answer choices rent insurance utilities materials used in the product
- Which of the following costs would not be part of productinventory costs for a manufacturer such as Harley Davidson? A. Costs to advertise the newest model B. Kickstands purchased for use in manufacturing themotorcycles C. The factory manager’s salary and benefits D. The wages and benefits of an employee in the weldingdepartmentView Policies Current Attempt in Progress In which of the following categories do indirect materials belong? Product Cost Manufacturing Overhead Period Cost No No Yes Yes No No Yes Yes No Yes Yes Yes eTextbook and Media Save for Later O Attempts: 0 of 3 used Submit AnswerWhich of the following would not be a period cost? Group of answer choices Research and development Direct materials Office supplies Advertising costs