Costs can be classified into one of four categories including unit-level, batch-level, product-level, or facility-level costs. Required
Question:
Costs can be classified into one of four categories including unit-level, batch-level, product-level, or facility-level costs.
Required
Classify each of the items listed below into one of the four categories listed above. The first item has been categorized as an example.
Transcribed Image Text:
Cost Description Cost Classification Facility-level cost Salary of company president Research and development cost Factory lawn care cost Cost of patent Startup cost to change color of a product Cost of resetting sewing machines to change shirt size Real estate tax for the factory Direct labor
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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