l lind administrative costs are included in determining t mining full absorption costs. 6) A)...

80.2K

Verified Solution

Question

Accounting

image
l lind administrative costs are included in determining t mining full absorption costs. 6) A) Maintenance on factory machines. B) Production manager's salary C) D D) Freight out. oose the one alternative completes ng accounts would be a period cost rather than a pr ve that best completes the statement or answers the product cost? 7) epreci ation on manufacturing machinery. 8) For a manufacturing company, which of the following is an example of nufacturing company, which cost? 8) A) Depreciation of factory equipment. B) Salaries of machine operators. C) Insurance on factory equipment. D) Wages of salespersons. 9) Tallon Company manufactures a single product. The product's prime costs consist of 9) A) direct material and direct labor. B) direct material, direct labor and factory overhead C) direct material and factory overhead. D) direct labor and factory overhead. 10) The cost of fire insurance for a manufacturing plantis generlly onsidered o be a 10 B) all of these.C) period cost.D) product cost. A) variable cost. 11) A product cost is deducted from revenue when 11) A) the expenditure is incurred B) the production process is completed C) the finished goods are sold. D) the production process takes place

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students