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Homework Problem 1-18A

# Homework Problem 1-18A - Online Homework System Assignment...

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Sheet1 Page 1 Online Homework System Assignment Worksheet /5/23/10 - 11:19 AM/ *Name:* ____________________________ *Class:* ACCT 225 - Managerial Accounting - Summer 2010 - Q7WW *Class #:* ____________________________ *Section #:* ____________________________ *Instructor:* Heather Kaminski *Assignment:* Wk 01 - Problem 1 *Assignment Instructions:* /This problem must be completed BEFORE 11:55 PM Eastern Time on Sunday at the end of this week. Check the myFranklin announcement page to determine the exact date. NOTE: A LATE SUBMISSION WILL NOT BE ACCEPTED FOR PARTIAL CREDIT. IF SUBMITTED AFTER THE DUE DATE, A ZERO WILL BE ASSIGNED./ ------------------------------------------------------------------------ *Question 1: (15 points)* *Problem 1-18A: Cost Classification (LO2, LO5, LO6)* For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it would typically be treated as a direct cost or an indirect cost with respect to units of product. *(Select "None" if none of the categories apply for a particular item.)* Cost Item C Cost Behavior C Classification C Manufacturing (Product) Cost 1 Wood used in producing furniture W

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Sheet1 Page 2 __________ _ __________ _ __________ 2 Insurance, finished goods warehouses I __________ _ __________ _ __________ 3 Ink used in book production I __________ _ __________ _ __________ 4 Advertising costs
Sheet1 Page 3 __________ _ __________ _ __________ 5 Property taxes, factory P __________ _ __________ _ __________

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Homework Problem 1-18A - Online Homework System Assignment...

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