Identify each of the following costs as either direct materials (DM), direct labor (DL), or factory overhead(FO). The company manufactures tennis balls. Rubber used to form the cores.
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Identify each of the following costs as either direct materials (DM), direct labor (DL), or factory overhead
(FO). The company manufactures tennis balls. Rubber used to form the cores.
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- Identify each of the following costs as either direct materials (DM), direct labor (DL), or factory overhead(FO). The company manufactures tennis balls. Glue used in binding rubber cores to felt covers.Identify each of the following costs as either direct materials (DM), direct labor (DL), or factory overhead(FO). The company manufactures tennis balls. Wages paid to assembly workers.Identify each of the following costs as either direct materials (DM), direct labor (DL), or factory overhead(FO). The company manufactures tennis balls. Factory maintenance.
- Wheels, Inc. manufactures wheels for bicycles, tricycles, and scooters. For each cost given below, determine if the cost is a product cost or a period cost. If the cost is a product cost, further determine if the cost is direct materials (DM), direct labor (DL), or manufacturing overhead (MOH) and then determine if the product cost is a prime cost, conversion cost, or both. If the cost is a period cost, further determine if the cost is a selling expense or administrative expense (Admin). Cost (a) is answered as a guide. (If an answer does not apply, leave the box blank.) Product Product Period Cost DM DL MOH Prime Conversion Selling Admin. a. Metal used for rims X X b. Sales salaries c. Rent on factory d. Wages of assembly workers e. Salary…Calculate the raw material used by Pro-Leather Company. Calculate the indirect materials used by Pro-Leather Company.Identify the following costs as direct materials (DM), direct labor (DL), or factory overhead (FO) for an automobile manufacturer:a. Wages of employees that operate painting equipmentb. Wages of the plant supervisorc. Steeld. Oil used for assembly line machinery
- Classifying costs Wheels, Inc. manufactures wheels for bicycles, tricycles, and scooters. For each cost given below, determine if the cost is a product cost or a period cost. If the cost is a product cost, further determine if the cost is direct materials (DM), direct labor (DL), or manufacturing overhead (MOH) and then determine if the product cost is a prime cost, conversion cost, or both. If the cost is a period cost, further determine if the cost is a selling expense or administrative expense (Admin). Cost (a) is answered as a guideIdentify each of the following costs as either direct materials (DM), direct labor (DL), or factory overhead(FO). The company manufactures tennis balls. Depreciation—Factory equipment.Identify the following costs as direct materials, direct labor, or factory overhead for a lawn mower
- Listed below are product costs for production of footballs. Classify each cost as either variable (V) orfixed (F). Wages of assembly workers.Listed below are product costs for production of footballs. Classify each cost as either variable (V) orfixed (F). Factory supervisor salary.2. Ehrlich Manufacturing produces small boats. The following list represents some of the different types of costs incurred in the manufacture of these boats Required: Identify the following costs as PRODUCT COST or PERIOD COST. For a product cost, also indicate whether it is direct materials (DM), direct labor (DL), or manufacturing overhead (MOH). For a period cost, also indicate whether it is selling or administrative. 1. The cost of boxes used in shipping the product to customers 2. The cost of heating the plant. 3. The cost of heating executive offices. 4. The cost of metal boards used in the boats. 5. Salaries and commissions of company salespersons. 6. Depreciation on office equipment used in the executive offices. 7. Depreciation on production equipment used in the plant. 8. Wages of janitorial personnel who clean the plant. 9. The cost of insurance on the plant building. 10. Salaries of the assembly workers. 11. The cost of advertising on TV for the company’s product. 12. The…