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Question 1 Direct materials cannot usually be clearly traced to the finished product. True False 2 points Question 2 An important cost to measure in...

This question was answered on Jul 21, 2016. View the Answer

Hey tutors, I am in desperate need of some help with my accounting class. Attached is a quiz I need help on. Thank you.

Queston 1 DirecT maTerials cannoT usually be clearly Traced To The fnished producT. ±rue False 2 poinTs Queston 2 An imporTanT cosT To measure in a manu²acTuring company is The cosT To manu²acTure a producT. ±rue False 2 poinTs Queston 3 AdminisTratve cosTs are nonmanu²acTuring cosTs ThaT include The cosTs o² Top adminisTratve ²unctons and various sTa³ deparTmenTs such as accountng, daTa processing, and personnel. ±rue False 2 poinTs Queston 4
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The company president's salary is a product cost. True False 2 points Ques±on 5 Product costs would include supervisory labor and indirect materials. True False 2 points Ques±on 6 Smith, together with a number of other employees, worked 40 hours last week to make a par±cular product and earned $400 (40 hours at $10 per hour). All of the $400 should be considered direct labor cost. True False 2 points Ques±on 7
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Accounting Quiz 6.docx

Question 1 Direct materials cannot usually be clearly traced to the finished product.
True False 2 points
Question 2 An important cost to measure in a manufacturing company is the cost to...

1 comment
  • Didnt get a really good grade on this.
    • GonnaMakeIt
    • Jul 20, 2016 at 2:01pm

This question was asked on Jul 20, 2016 and answered on Jul 21, 2016 for the course ACG 3024 at Florida State College at Jacksonville.

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