solve 12-14 as soon as possible Selles, Sie w 124.00 points Indicate...

60.1K

Verified Solution

Question

Accounting

solve 12-14 as soon as possible image
Selles, Sie w 124.00 points Indicate whether each of the following statements are true or false. Consider each statement separately. - True or false. If you were trying to predict future cost behavior (say, net operating income at various levels of production), you would likely treat the cost of tires installed on a new automobile being built in an auto manufacturing facility as a fixed cost __b True or false - If you were preparing external financial statements, you would likely treat the cost of the tires installed on a new automobile being built at an auto manufacturing facility as a period expense. True or false. The cost of tires installed on a new automobile being built at an auto manufacturing facility would be considered manufacturing overhead. - True or false. If a car dealership had two locations (Farao and Moorhead), you could say the sales commission (say, 10% of sales price) paid to a salesperson at the Moorhead location would be a direct cost of the Moorhead location. 13. 4.00 points Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,418 Direct labor-hours 74 labor-hours Direct labor wage rate $13 per labor-hour Machine-hours 137 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: a $3,380 $5.298 c. $2,622 d. $6,138 _14. 4.00 points Identify two ways managerial accounting differs from financial accounting

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