Accounting Chapter 2 Exercises - Accounting Chapter 2...

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Accounting Chapter 2 Exercises Exercise 2–2 Classifying Manufacturing Costs [LO2] - p. 60 Required: For each cost, indicate whether it would most likely be classified as direct labor,  direct materials, manufacturing overhead, selling, or an administrative cost. The PC Works assembles custom computers from components supplied by various  manufacturers. The company is very small and its assembly shop and retail sales  store are housed in a single facility in a Redmond, Washington, industrial park.  Listed below are some of the costs that are incurred at the company. 1. The cost of a hard drive installed in a computer. 2. The cost of advertising in the Puget Sound Computer User newspaper. 3. The wages of employees who assemble computers from components. 4. Sales commissions paid to the company's salespeople. 5. The wages of the assembly shop's supervisor.
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This note was uploaded on 05/02/2011 for the course ACCT 2033 taught by Professor Kay during the Spring '11 term at The University of Texas at San Antonio- San Antonio.

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Accounting Chapter 2 Exercises - Accounting Chapter 2...

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