Concept – Direct Labor is Called
Managerial Accounting
Garrison, Noreen, and Brewer
17th Edition
Direct labor is also called what labor.
Direct labor is also called what labor.
Direct materials and direct labor are both considered what costs.
A dress or shirt manufacturer would account for the cost of relatively inexpensive items like buttons and thread to be what?
Factory costs such as supplies, supervisors, taxes, insurance, and janitor are classified as what
Some factory materials, such as saw blades, cleaning supplies, etc, which are not part of the finished products are
Fantastic Furniture makes sofas. The material used to make a sofa is
Many fast-food restaurants compete on lean business methods. Match activities for a fast-food restaurant with the lean business concept.
Based on Apple’s iPhone, identify costs as either direct materials, direct labor, factory overhead, selling , or administrative expenses. (Screen, supervisor, workers, executive, glue, uniforms, wages retail, depreciation)
Soccer Balls: Identify as fixed, variable, direct, indirect. (leather, security, coolants, wages, thread, tax, depreciation)
For each of the following accounts for a manufacturing company, select in the column indicating that it appears on the balance sheet, the income statement, the schedule of cost of goods manufactured. (accounts rec, etc.)