Question: Question 1 ( 4 points ) Saved Infinity Inc. specializes in making high quality sport jackets for known brand name companies. Several costs incurred by
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Infinity Inc. specializes in making high quality sport jackets for known brand name companies.
Several costs incurred by Infinity Inc. are listed below.
Assume that the cost object are the jackets manufactured by the company.
Match the individual costs to the correct cost classification.
Question options:
Cost of holding annual reception for the brand name clients.
Wages of workers who do maintenance and repairs to sewing machines.
Cost of wages of sewing operators.
Salary of office receptionist at head office.
Cost of travel and entertainment allowances for sales personnel.
Cost of logo patterns to be sewn on jackets.
Salary of general office manager at the head office.
Cost of cotton fabric used in light weight jackets.
Cost of wages of quality control staff at the factory.
Cost of wages of fabric cutters.
Product Cost Direct Materials
Product Cost Direct Labor
Product Cost Overhead
Period Cost Sales & Marketing
Period Cost Administrative
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