Indicate whether each of the following costs associated with production would be classified as direct materials, direct

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Indicate whether each of the following costs associated with production would be classified as direct materials, direct labor, or manufacturing overhead.

1. Depreciation on production equipment

2. Paint used to produce wagons

3. Accounting staff performing tax services for a client

4. Grease used to maintain machines

5. Fiberglass used to produce a custom boat

6. Factory rent

7. Hourly workers assembling goods

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Managerial Accounting

ISBN: 978-1453375716

2nd edition

Authors: Kurt Heisinger, Joe Ben Hoyle

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