Indicate whether each of the following is a direct cost (D), an indirect cost (ID), or neither
Question:
Indicate whether each of the following is a direct cost (D), an indirect cost (ID), or neither (N) and a variable (V) or a fixed (F) cost. Also indicate whether each adds value (VA) or does not add value (NVA) to the product and whether each is a product cost (PD) or a period cost (PER).
1. Production supervisor’s salary
2. Sales commission
3. Wages of a production-line worker
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
1 ID F NVA PD 2 Neither V ...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
Question Posted:
Students also viewed these Cost Accounting questions
-
Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) owner's equity: a. Accounts receivable b. Accounts payable c. Cash d. Fees earned e. Land f. Rent...
-
Indicate whether each of the following is generally considered favourable or unfavourable by a potential investor: (a) A decrease in the payout ratio (b) An increase in the dividend yield (c) A...
-
Indicate whether each of the following is a potential advantage (A) or disadvantage (D) of decentralization. If an item is neither an advantage nor a disadvantage, use N. a. Provision of increased...
-
The number of claims filed each week with Security Insurance Company has a mean of 700 and a standard deviation of 250. Calculate the probability that the number of claims this week will be: (a)...
-
The starting point for computing alternative minimum taxable income is regular taxable income. What are some of the plus adjustments, plus or minus adjustments, and minus adjustments to regular...
-
Fred Bloggs, a 31-year-old unemployed labourer, was observed by a police officer about a block from the scene of a break and enter. Fred was walking unsteadily and appeared to be intoxicated. The...
-
Find the positive z-score for which 15% of the distributions area lies between -z and z. Find the indicated z-score.
-
The sales price per unit is $13 for the Dakota Companys only product. The variable cost per unit is $5. In year 2011, the company sold 80,000 units, which was 10,000 units above the break-even point....
-
Ursula, Wendy, Xavier, Yvonne, and Zack, a group of first year law students decided to throw a party in their house to celebrate passing their exams. The following events took place: (a) Wendy was in...
-
The growing popularity of E-commerce sites has created the benefits and costs within the evolutionary ecosystem. Discuss the statement critically with relevant examples. (Hint: Use relevant theories...
-
Refer to the annual report of CVS Corporation and the financial statements of Southwest Airlines Co. in the supplement to Chapter 5. 1. Compute the return on equity for both companies for fiscal 2008...
-
Using the following information from Char Company, prepare an income statement through operating income for the year: Sales ................. $900,000 Finished goods inventory, beginning .........
-
Use your answers from S3-7 to determine the total overallocation or underallocation of manufacturing overhead during the year. Actual manufacturing costs for the year for Edmonton Pools totaled...
-
Recall the facts in Leonard v. Pepsico Had this been a contract, would it have been subject to the Statute of Frauds?
-
Describe and illustrate the differences among design defects, manufacturing defects, inadequate warnings and labels (marketing defects), and breach of express and implied warranties.
-
Forest Street Construction Corporation (Forest Street) employs Robert on a full-time basis to drive one of its dump trucks to various Forest Street construction sites. Robert has worked for Forest...
-
Brian worked as a painter for a major U.S. corporation. Over a period of nearly a decade, he was responsible for painting different aspects of the corporations plant, including the floors, walls, and...
-
Twenty-two Argentinians initiated a lawsuit against DaimlerChrysler Aktiengesellschaft (DCAG). In its complaint, the plaintiffs stated that a subsidiary of DCAG, Mercedes-Benz Argentina (MBA),...
-
Why have East Asian counties been more efficient in containing the Covid-19 pandemic?
-
The cost curve for the city water supply is C(Q) = 16 + 1/4 Q2, where Q is the amount of water supplied and C(Q) is the cost of providing Q acre-feet of water. (An acre-foot is the amount of water...
-
(a) Complete the following table. (b) Rank the four solutions in order of increasing acidity. [H3O+] (i) 1.50 mol-L- (ii) (iii) (iv) [OH-] 1.50 mol-L- PH 0.75 POH 0.75
-
Accounting is sometimes called the language of _____. A. Wall Street B. Business C. Main Street D. Financial statements
-
Research your top five career choices. Identify financial factors that might influence your career choice. The following websites might be helpful in answering this question. Occupational Outlook...
-
Financial accounting information ________. A. Should be incomplete in order to confuse competitors B. Should be prepared differently by each company C. Provides investors guarantees about the future...
-
Who is your favorite designer from the 20th Century (the 1900s)? Give a detailed explanation of why he or she is your favorite and how his/her designs have impacted the fashion industry.
-
Describe what the article was about? What stood out the most in the article? How it relates to the fashion industry? Was the article useful in expanding knowledge as it relate to textile? Website...
-
Explain why special events have arisen in human civilization, why they are so popular, and how they contribute to community development and benefit stakeholders and host communities. Describe the...
Study smarter with the SolutionInn App