7. The depreciation on factory equipment is classified as a(n) a. non-manufactur

Question

7. The depreciation on factory equipment is classified as a(n) a. non-manufacturing cost. b. opportunity cost. c. inventoriable cost. d. period cost s. Which tyrse fiverorh balane sheet a. raw materials. b. finished goods. c. work in process d. all of the above. 9. Minal Company's direct material costs are $100,000; its direct labor costs are $40,000, and its manufacturing overhead is $80,000? What is Minal's conversion costs? a. $100,000 b. $120,000 c. $140,000 d. $180,000 Which of follow is are considered manufacturing overhead? Advertising Yes No No No 10. a. b. C. d. Factory rent Yes No Yes Yes Plant manager's salary Yes Yes No Yes

Explanation / Answer

7 The depreciation on factory equipment is classified as inventoriable cost 8 All inventories appear on balance sheet 9 Conversion costs=40000+80000 = $120000 10 Factory rent Yes Advertising No Plant manager's salary Yes

Related Questions

Navigate

• Browse (All)
• Browse 7
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.