6. Which of the following is a product cost? Glass in an automobile. A. B. C....
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6. Which of the following is a product cost? Glass in an automobile. A. B. C. D. E. 7. Which of the following would not be classified as a product cost? A. Direct materials. Direct labor. Indirect materials. B. C. D. E. Advertising. The salary of the vice president-finance. Rent on a factory. Glass in an automobile and rent on a factory. A. B. C. D. E. 8. The accounting records of Georgia Company revealed the following costs: direct materials used, $250,000; direct labor, $425,000; manufacturing overhead, $375,000; and selling and administrative expenses, $220,000. Georgia's product costs total: Insurance on a manufacturing plant. Sales commissions. $1,050,000. $830,000. $895,000. $1,270,000. None of the other answers are correct. 9. Costs that are expensed when incurred are called: A. B. C. D. E. B. C. product costs. direct costs. inventoriable costs. period costs. indirect costs. 10. A custom-home builder would likely utilize: A. job-order costing. B. C. D. E. process costing. mass customization. process budgeting. joint costing. shidaan 11. Which of the following types of companies would most likely use process costing? A. Aircraft manufacturers. Textile manufacturers. Textbook publishers. 6. Which of the following is a product cost? Glass in an automobile. A. B. C. D. E. 7. Which of the following would not be classified as a product cost? A. Direct materials. Direct labor. Indirect materials. B. C. D. E. Advertising. The salary of the vice president-finance. Rent on a factory. Glass in an automobile and rent on a factory. A. B. C. D. E. 8. The accounting records of Georgia Company revealed the following costs: direct materials used, $250,000; direct labor, $425,000; manufacturing overhead, $375,000; and selling and administrative expenses, $220,000. Georgia's product costs total: Insurance on a manufacturing plant. Sales commissions. $1,050,000. $830,000. $895,000. $1,270,000. None of the other answers are correct. 9. Costs that are expensed when incurred are called: A. B. C. D. E. B. C. product costs. direct costs. inventoriable costs. period costs. indirect costs. 10. A custom-home builder would likely utilize: A. job-order costing. B. C. D. E. process costing. mass customization. process budgeting. joint costing. shidaan 11. Which of the following types of companies would most likely use process costing? A. Aircraft manufacturers. Textile manufacturers. Textbook publishers.
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Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Posted Date:
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