Classify the cost elements according to one of the following: Direct Material, Direct Labor, Variable Manufacturing Overhead,
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Question:
Classify the cost elements according to one of the
following: Direct Material, Direct Labor, Variable Manufacturing Overhead, Fixed Manufacturing
Overhead, Variable Marketing, Fixed Marketing.
Use the following table in your answer by placing an "X" under each heading that identifies the cost involved
Cost element | Direct Materials | Direct Labor | Variable Manufacturing overhead | Fixed Manufacturing overhead | Fixed Marketing | Variable Marketing |
Depreciation of showroom equipment | ||||||
Factory machine lubricant | ||||||
Advertising | ||||||
Factory supervisors salaries | ||||||
Salesmen transportation | ||||||
Showroom manager salary | ||||||
Wood in a furniture company | ||||||
Wages of production workers | ||||||
Factory rent | ||||||
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