Chapter 1 Brief Exercises

Chapter 1 Brief Exercises - Student Name: Class: Brief...

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Student Name: Class: Brief Exercise 1-1 Classify each cost Manufac- Direct Direct turing Admin- Labor Materials Overhead Selling istrative 1 The cost of a hard drive installed in a computer 2 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. 6 The wages of the company's accountant. 7 Depreciation on equipment used to test assembled computers before release to customers. 8 Rent on the facility in the industrial park. The cost of advertising in the Puget Sound Computer User newspaper.
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Student Name: Class: Brief Exercise 1-2 Classify each cost Product Period 1 Depreciation on salesperson's cars. 2 Rent on equipment used in the factory. 3 Lubricants used for maintenance of machines. 4 Salaries of finished goods warehouse personnel. 5 Soap and paper towels used by factory workers. 6 Factory supervisors' salaries.
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This note was uploaded on 10/22/2011 for the course ACCT 3551 taught by Professor Brown during the Spring '11 term at UNC.

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Chapter 1 Brief Exercises - Student Name: Class: Brief...

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