Accounting 152 Chapter 2 HW

Accounting 152 Chapter 2 HW - 8. Depreciation on power...

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Taylor Foxworth Acct 152 – Bayak – Ch. 2 Exercise 1, Problem 21 Exercise 2-1: 1. The wages of employees who build the sailboats – direct labor 2. Cost of advertising in local newspapers – selling cost 3. Cost of an aluminum mast installed in a sailboat – direct materials 4. The wages of the assembly shop’s supervisor – manufacturing overhead 5. Rent on the boathouse – manufacturing overhead 6. The wages of the company’s bookkeeper – administrative cost 7. Sales commissions paid to the company’s sales people – selling cost
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Unformatted text preview: 8. Depreciation on power tools manufacturing overhead Problem 21: Product Cost Name Variabl e Cost Fixed Cost Direct Materials Manufacturing Overhead Period Cost Opp. Cost Sunk Cost Direc t Labor Job Inc. - 4,000 x Rent - 150$ x x x Rent Eq. - 500$ x x x Mat. - .30$ x x Labor - .50$ x x Rent - 75$ x x Device - 20$ x x Savings - $1,000 x Advertising - $400 x Sales Comm - .1$ x x Fees - 600$ x x x...
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This note was uploaded on 02/12/2009 for the course ACCT 152 taught by Professor Bayak during the Spring '07 term at Lehigh University .

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