Many new cost terms were introduced to you in Chapter 2. Tinker Bell Company man

Question

Many new cost terms were introduced to you in Chapter 2. Tinker Bell Company manufactures wood dining room tables of different sizes. Classify the costs in the chart below to the various cost terms used in the textbook. 2A Wood used in each table 2B Labor cost to assemble each table Salary of the factory supervisor 2D Total cost of electricity for the factory that produces the tables 2E Salary of the president of Tinker Bell Company 2F Advertising expense 2G Sales commissions paid ! to salespersons who sell the tables

Explanation / Answer

Product cost Particulars VC FC S & A Cost DM DL Manu O.H 2A Correct Correct 2B Correct Correct 2C Correct Correct 2D Correct Correct 2E Correct 2F Correct 2G Correct

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