Choose The Correct Answer, No Further Explanation Needed 8. Factory rent is cate
ID: 2530691 • Letter: C
Question
Choose The Correct Answer, No Further Explanation Needed 8. Factory rent is categorized as? a) Direct material cost b) Direct labor cost c) Manufacturing overhead cost d) selling and marketing cost e) general and administrative costs 9. Property taxes on the factory are categorized as? a) Direct material cost b) Direct labor cost c Manufacturing overhea d) selling and marketing cost e) general and administrative costs 10. Property taxes on the CEO's office is categorized as? a) Direct material cost b) Direct labor cost c) Manufacturing overhead cost d) selling and marketing cost e) general and administrative costs 11. Work of factory employees that has no physical association with the finished product or for which it is impractical to trace the costs to the goods produced a) Chief executive officer (CEO) b) Indirect labor c) Controller d) Manufacturing overhead 12. Raw materials that do not physically become part of the finished product or for which it is impractical to trace to the finished product because their physical association with the finished product is too small a) Direct labor b) Indirect materials c) Line positions d) Total quality management (TQM) 13. The factory janitor's salary is a. a) Product and direct material cost b) Product and direct labor cost c) Product and manufacturing overhead cost d) Period cost and Selling and Marketing expense e) Period cost and General and Administrative expense 14. Sales commission is a a) Product and direct material cost b) Product and direct labor cost c) Product and manufacturing overhead cost d) Period cost and Selling and Marketing expense e) Period cost and General and Administrative expenseExplanation / Answer
8 (C ) Factory Rent is categorized as Manufacturing Overhead Cost. 9(C ) Property Taxes on the factory are categorized as Manufacturing Overhead Cost 10( E ) Property Taxes on the CEO's office is categorized as General and administrative costs. 11(b) Work of factory employees that has no physical association with the finished product or for which it is impractical to trace the cost to the goods sold. 12(b) Raw materials that do not physically become part of the finished productor for which it is impractical to trace to the finished product because their physcial association with the finished product is too small. 13(C ) The factory janitor's salary is a Product and manufacturing overhead cost. 14 (d) Sales Commission is a Period cost and selling and marketing expense