Determine whether each of the following costs should be classified as direct materials (DM), direct labor (DL),

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Determine whether each of the following costs should be classified as direct materials (DM), direct labor (DL), or manufacturing overhead (MO).

a. __________ Frames and tires used in manufacturing bicycles.

b. __________ Wages paid to production workers.

c. __________ Insurance on factory equipment and machinery.

d. __________ Depreciation on factory equipment.

Classify manufacturing costs.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Dec 17, 2020 12:57 AM

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Determine whether each of the following costs should be classified as direct materials (DM), direct labor (DL),

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Accounting Principles

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