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Homework answers / question archive / ACC 256 Final   Which of the following costs is not part of overhead costs? Salary for supervisor Salary for factory forklift operator Lubrication Sales commissions The following information was given about Flag's costs for March: Salaries for line workers $27,000 Cost of fabric $2,100 Power for machines $900 Manager's salary $8,600 Supervisor's salary $6,300 Sales commissions $5,300 How much is Direct Labor? $27,000 $35,600 $47,200 $41,900 Which of the following costs is not a period cost? Shipping costs of finished goods Sales commissions Administrative salaries Advertising Indirect materials All of the following are product costs for financial reporting except: Advertising Indirect materials Rent on factory space Direct labor You are provided the following information: Salaries for assembly workers $22,000 Cost of materials $1,600 Lubricants for machines $650 Manager's salary $7,600 Supervisor's salary $5,800 Sales commissions $4,800 Determine the amount of period cost

ACC 256 Final   Which of the following costs is not part of overhead costs? Salary for supervisor Salary for factory forklift operator Lubrication Sales commissions The following information was given about Flag's costs for March: Salaries for line workers $27,000 Cost of fabric $2,100 Power for machines $900 Manager's salary $8,600 Supervisor's salary $6,300 Sales commissions $5,300 How much is Direct Labor? $27,000 $35,600 $47,200 $41,900 Which of the following costs is not a period cost? Shipping costs of finished goods Sales commissions Administrative salaries Advertising Indirect materials All of the following are product costs for financial reporting except: Advertising Indirect materials Rent on factory space Direct labor You are provided the following information: Salaries for assembly workers $22,000 Cost of materials $1,600 Lubricants for machines $650 Manager's salary $7,600 Supervisor's salary $5,800 Sales commissions $4,800 Determine the amount of period cost

Accounting

ACC 256 Final

 

  1. Which of the following costs is not part of overhead costs?
    Salary for supervisor
    Salary for factory forklift operator
    Lubrication
    Sales commissions
  2. The following information was given about Flag's costs for March:


    Salaries for line workers $27,000
    Cost of fabric $2,100
    Power for machines $900
    Manager's salary $8,600
    Supervisor's salary $6,300
    Sales commissions $5,300

    How much is Direct Labor?
    $27,000
    $35,600
    $47,200
    $41,900
  3. Which of the following costs is not a period cost?
    Shipping costs of finished goods
    Sales commissions
    Administrative salaries
    Advertising
    Indirect materials
  4. All of the following are product costs for financial reporting except:
    Advertising
    Indirect materials
    Rent on factory space
    Direct labor
  5. You are provided the following information:


    Salaries for assembly workers $22,000
    Cost of materials $1,600
    Lubricants for machines $650
    Manager's salary $7,600
    Supervisor's salary $5,800
    Sales commissions $4,800

    Determine the amount of period cost.
    $18,200
    $29,600
    $12,400
    $22,000
  6. If the activity level increases, one would expect the fixed cost per unit to...
  7. If the activity level drops by 5%, variable costs should...
  8. A company's cost formula for maintenance is Y = $6,400 + $4X, where X is machine-hours. During a period in which 3,200 machine-hours are worked, the expected maintenance cost would be...
  9. In March, Espresso Express had electrical costs of $667.00 when the total volume was 4,690 cups of coffee served. In April, electrical costs were $711.00 for 5,130 cups of coffee. Using the high-low method, what is the estimated fixed cost of electricity per month?
  10. Last year, Barker Company's sales were $256,000, its fixed costs were $58,000, and its variable costs were $2 per unit. During the year, 81,600 units were sold. The contribution margin was...

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