Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 17 Aug 2017 My Price 7.00

Stoney Saure, Votives, Inc.

elements of Manufacturing Costs

se2. ConCept ▶ Stoney  Saure,  Votives,  Inc.’s  accountant,  must  group  the  costs of manufacturing tealights. Indicate whether each of the following items should be clas- sified as direct materials (DM), direct labor (DL), overhead (O), or none of these (N). Also indicate whether each is a prime cost (PC), a conversion cost (CC), or neither (N). (Hint: More than one answer per category may apply.)

a.   Cost of wax

b.    Depreciation of the cost of vats to hold melted wax

c.    Cost of Gigi’s time to dip the wicks into the wax

d.   Rent on the factory where candles are made

e.    Cost of coloring for candles

f.     Steve’s commission to sell candles to Brightlights, Inc.

g.    Cost of Ramos’s time to design candles for Halloween

 

 

 elements of Manufacturing Costs

se2. ConCept ▶ Stoney  Saure,  Votives,  Inc.’s  accountant,  must  group  the  costs of manufacturing tealights. Indicate whether each of the following items should be clas- sified as direct materials (DM), direct labor (DL), overhead (O), or none of these (N). Also indicate whether each is a prime cost (PC), a conversion cost (CC), or neither (N). (Hint: More than one answer per category may apply.)

a.   Cost of wax

b.    Depreciation of the cost of vats to hold melted wax

c.    Cost of Gigi’s time to dip the wicks into the wax

d.   Rent on the factory where candles are made

e.    Cost of coloring for candles

f.     Steve’s commission to sell candles to Brightlights, Inc.

g.    Cost of Ramos’s time to design candles for Halloween

 

 

 

 

 

 

 

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Aug 2017 12:08 AM My Price 7.00

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