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.


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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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