Concept – Tesla: Classify costs
Managerial Accounting
Wild and Shaw
07th Edition
Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost.
Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost.
Listed below are costs of providing an airline service. Classify each cost as either variable or fixed, and direct or indirect. Consider the cost object to be a flight.
Selected costs related to Apple’s iPhone are listed. Identify each cost as direct materials, direct labor, factory overhead, selling expenses, or general and admin.
Listed here are product costs for the production of soccer balls. Identify each cost as either fixed or variable and as either direct or indirect.
Tesla, incurs the following costs. Classify cost as either a product or a period cost.
TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns. Identify each of TechPro’s costs below as variable or fixed and direct or indirect. Identify each of TechPro’s costs below as (a) variable or fixed and (b) direct or indirect by selecting the appropriate dropdowns. Assume the cost object is an individual class.