Which of the following items would be considered factory overhead for a automobile manufacturer? Group of answer choices Wheels Wages of assembly worker Property taxes on office Property taxes on factory

Which of the following is an example of direct labor cost for a cell phone manufacturer? Oa. cost of oil lubricants for factory machinery Ob. salary of plant supervisor Oc. cost of wages of assembly worker Od. cost of phone components

Which of the following is an “indirect labor” cost? Wages paid to factory janitors and factory security guards. Salaries paid to human resources (HR) personnel. All of the listed choices are correct. Wages paid to factory employees who convert raw materials into work-in-process and finished goods. Sales salaries and commissions paid to salespeople.

Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost: Cost Classification a. Wheels b. Glass used in the vehicle's windshield c. Wages of assembly line worker d. V8 automobile engine e. Depreciation of robotic assembly line equipment f. Steering wheel g. Painting safety masks for employees working in the paint room h. Salary of test driver

Required: Classify the following costs as period or traceable costs. Depreciation on office building Insurance expense for factory building Product liability insurance premium Transportation charges for raw materials Factory repairs and maintenance Rent for inventory warehouse Cost of raw materials Factory wages Salary to chief executive officer Depreciation on factory Bonus to factory workers Salary to marketing staff Administrative expenses Bad debt expense Advertising expense Research and development Warranty expense Electricity for plant

The plant manager's salary * Product Cost Period Cost

How to solve the factory overhead rate of 2/3 of the labor cost?

Indicate whether each cost is: A. Fixed or Variable b. Selling, General/Administrative, or Manufacturing

Discuss the reason why companies use predetermined (factory) overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs?  What purpose does that serve?

1. Which type of cost system, process or job order, would be best suited for each of the following: (a) TV assembler, (b) building contractor, (c) automobile repair shop, (d) paper manufacturer, (e) custom jewelry manufacturer? Give reasons for your answers.   2. In a job order cost system, direct labor and factory overhead applied are debited to individual jobs. How are these items treated in a process cost system and why?