Identify the following costs as a prime cost (P), conversion cost (C), or both (B) for an
Question:
Identify the following costs as a prime cost (P), conversion cost (C), or both (B) for an automobile manufacture.
a. Steel
b. Wages of employees that operate painting equipment
c. Oil used for assembly line machinery
d. Wages of the plant manager
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
a Steel P b Wages of employees that operate painting ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Managerial Accounting questions
-
Identify the following costs as direct materials (DM), direct labor (DL), or factory overhead (FO) for an automobile manufacture. a. Steel b. Wages of employ that operate painting equipment c. Oil...
-
Identify the following costs as direct materials (DM), direct labor (DL), or factory overhead (FO) for an automobile manufacture. a. Paper used in the magazine b. Maintenance on printing machines c....
-
Identify the following costs as direct materials (DM), direct labor (DL), or factory overhead (FO) for a textbook publisher. a. Maintenance on printing machines b. Glue used to bind books c. Wages of...
-
Which of the below is the correct order of the consumption process? Question 2 options: Awareness; Thinking; Planning; Implementation/Action; Evaluation Evaluation; Thinking; Planning;...
-
The intangible assets section of Ghani Corporation's balance sheet at December 31, 2016, is as follows: Copyright #1...............................$36,000 Less: Accumulated...
-
Explain the difference between stock, bond, and fund. Your response should be a minimum 200-600 words. Apply this principle to your life. Do you currently invest or do you plan to invest in the...
-
Prove that for a European Call option on an asset that pays no dividends the following relations hold: \[C \leq S, \quad C \geq S-E \exp (-r(T-t))\]
-
Alabama Airlines opened its doors in December 2001 as a commuter service with its headquarters and hub located in Birmingham. The airline was started and managed by two former pilots, David Douglas...
-
Determine whether the ordered pair (8,5) is a solution to the following system. 5x-4y = 20 2x + 1 = 3y
-
Campus Theater adjusts its accounts every month. The companys unadjusted trial balance dated August 31, 2015, is on page 176. Additional information is provided for use in preparing the companys...
-
Three phases of the management process are planning, directing, and controlling. Match the following descriptions to the proper phase. Phase of management process Description Directing ........... a....
-
The following report was prepared for evaluating the performance of the plant manager of Nuuman Inc. Evaluate and correct this report. Nuuman Inc. Manufacturing Costs For the Quarter Ended June 30,...
-
Classify each of the listed properties of ozone (a pollutant in the lower atmosphere but part of a protective shield against UV light in the upper atmosphere) as physical or chemical. a. Bluish color...
-
Suppose an economist develops an economic model to analyze how a tax on soda affects the consumption of soda. The economist is confident that the model is logically consistent with the principles of...
-
In the ApplY the Concept Will Changes to the Federal Student Loan Program Unintentionally Give Colleges an Incentive to Increase Tuition? we mentioned the potential unintended consequences resulting...
-
The reactions in a lead-acid battery are Positive terminal: \(\mathrm{PbO}_{2}+\mathrm{HSO}_{4}^{-}+3 \mathrm{H}^{+}+2 \mathrm{e}^{-} ightarrow\) \[\mathrm{PbSO}_{4}+2 \mathrm{H}_{2} \mathrm{O}\]...
-
The lifetime of a certain computer chip that your company manufactures is characterized by the population distribution f ( z ; ) = 1 e z / I ( 0 , ) ( z ) f ( z ; ) = 1 e z / I ( 0 , ) ( z...
-
Suppose Goodyear Tire and Rubber Company is considering divesting one of its manufacturing plants. The plant is expected to generate free cash flows of $1.69 million per year, growing at a rate of...
-
Why might the investor in a mutual fund be faced with a potential tax liability arising from capital gains even though the investor did not benefit from such a gain?
-
Write electron configurations for the following ions, and determine which have noble-gas configurations: (a) Cd2+ (b) p3- (c) Zr4+ (d) Ru3+ (e) As3- (f) Ag+
-
List and explain several examples of hedge fund downside and drawdown risk measures.
-
Day Timer Publishers Inc, budgeted production of 201,500 schedule planners in 2010. Paper is required to produce a planner. Assume 80 square feet of paper are required for each planner. The estimated...
-
Day Timer Publishers Inc. budgeted production of 201,500 schedule planners in 2010. Each planner requires assembly. Assume that 12 minutes are required to assemble each planner. If assembly labor...
-
Soft Glow Candle Co. budgeted production of 78,900 candles in 2010. Each candle requires molding. Assume that 15 minutes are required to mold each candle. If molding labor costs $16.00 per hour,...
-
After the company issues an initial public offering and they desire to offer additional shares, one option is the seasoned equity offering. What are the differences between a convertible bond and a...
-
4. A stock provides a dividend yield of 5.0% paid semi- annually. The spot price of the stock is currently $500, and the risk-free rate is 7.5% with continuous compounding for all maturities. 1. What...
-
1. A 1000 bond issued on January 10, 2021 is paying coupons at a nominal interest rate of 7% payable semiannually. The bond is redeemed at par and matures on January 10, 2031. The nominal yield rate...
Study smarter with the SolutionInn App