Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / When deciding to buy a new computer, all of the following should be considered except for the software that comes with the new c cost of the old computer, warranty on the new computer, cost of the new computer

When deciding to buy a new computer, all of the following should be considered except for the software that comes with the new c cost of the old computer, warranty on the new computer, cost of the new computer

Accounting

  1. When deciding to buy a new computer, all of the following should be considered except for the
    software that comes with the new c
    cost of the old computer,
    warranty on the new computer,
    cost of the new computer.
  2. Inventoriable product costs for a manufactured product include
    the costs of direct materials and direct labor only.
    the costs of direct materials, direct labor and manufacturing overhead.
    marketing and research and development costs.
    none of the above.
  3. Country Furniture Company manufactures furniture at its Akron. Ohio, factory. Some of its costs from the past year include:
    Depreciation on sales office $ 9,000
    Depreciation on factory equipment 16,000
    Factory supervisor salary 50,500
    Sales commissions 23,000
    Lubricants used in factory equipment 3,000
    Insurance costs for factory 21,000
    Wages paid to maintenance workers 115,000
    Fabric used to upholster furniture 10.000
    Freight - in (on raw materials) 3,000
    Costs of delivery to customers 9,000
    Wages paid to assembly - line workers 155,500
    Lumber used to build product 82,000
    Utilities in factory 54,500
    Utilities in sales office 26,500
    Direct labor costs for Country Furniture Company totaled
    $321,000.
    $115,000.
    $155,500.
    $344,000.
  4. For which of the following do we prepare calculations for equivalent units?
    Neither direct materials nor conversion costs
    Both direct materials and conversion costs
    Both direct labor and manufacturing overhead
    Both direct labor and direct materials
  5. When manufacturing products, direct labor and direct materials are classified as
    period costs and expensed when incurred,
    product costs and expensed when incurred,
    period costs and expensed when the goods are sold,
    product costs and expensed when the goods are sold.
  6. Manufacturers consider selling and aotoinistrative costs to be
    conversion costs,
    inventoriable costs,
    prime costs,
    period costs.
  7. Testing ways to increase the strength of your product would be classified as which part of the value chain?
    Production
    Distribution
    Research and development
    Design
  8. The benefits of using the ABC costing system are higher if the company
    has high indirect costs,
    produces only one product.
    has high indirect costs and produces many different products that use differing amounts of resources,
    produces many different products that use differing amounts of resources.
  9. Jasper Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 651, which was recently completed. Direct materials used cost $7,200. There were 175 direct labor
    hours worked on this job at a direct labor wage rate of $22 per hour. There were 82 machine hours used on this job. The predetermined overhead rate is $30 per machine hour used.
    What is the total manufacturing cost of Job 651?
    $7,457
    $2,460
    $3,850
    $13,510
  10. Which of the following does ABC take into account?
    The extent to which the manufacturing activities are used by the product
    The types of manufacturing activities used by the product
    Both A and B
    Neither A nor B

Option 1

Low Cost Option
Download this past answer in few clicks

4.91 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE