Maurice Tutor

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Category > Accounting Posted 17 Aug 2017 My Price 7.00

Traditional Manufacturing environments

Direct and Indirect Costs in JIT and Traditional Manufacturing environments

e11A. The cost categories in the following list are typical of many manufacturing operations:

 

a.    Direct materials:

(1)     Sheet steel

(2)     Iron castings

b.    Assembly parts:

(1)     Part 24

(2)     Part 15

c.    Direct labor

d.   Engineering labor

e.    Indirect labor

 

f.     Operating supplies

g.    Small tools

h.    Depreciation—plant

i.     Depreciation—machinery

j.     Supervisory salaries

k.    Electrical power

l.     Insurance and taxes—plant

m.  President’s salary

n.    Employee benefits

 

 

 

 

Identify each cost as direct or indirect, assuming that it was incurred in (1) a traditional manufacturing setting and (2) a JIT environment.

Answers

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Status NEW Posted 17 Aug 2017 12:08 AM My Price 7.00

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