Administrative expense

Assignment Help Financial Accounting
Reference no: EM13928589

 Identify each cost as direct materials, direct labor, factory overhead, selling expense, or administrative expense.

 

Product Cost

Product cost

Product cost

Period Costs

Period cost

 

Direct Materials

Direct Labor

Factory Overhead

Selling Expense

Admin. Expense

Commissions paid to sales force

 

 

 

 

 

Labor cost for accounting department

 

 

 

 

 

labor cost for factory maintenance workers

 

 

 

 

 

Maintenance supplies for the factory

 

 

 

 

 

Glass for eyeglasses

 

 

 

 

 

Depreciation on office equipment in the executive offices

 

 

 

 

 

Utilities for the building that houses the administrative offices

 

 

 

 

 

Depreciation on factory equipment

 

 

 

 

 

Advertising costs

 

 

 

 

 

Labor cost for glass cutters

 

 

 

 

 

Reference no: EM13928589

Questions Cloud

Action against houfh to recover the automobile : Briles offered to sell his used automobile to Nevarro for $12,600 cash. Nevarro agreed to nuy the car, gave Brilles a check for $12,600 and drove away in the car. The next Nevarro sold the car for $13,000 to Houfh a bona fide purchaser. The $12600 ch..
Fixed manufacturing overhead cost : What was the absorption costing net operating income last year?
Starting point in developing a capacity plan : 1  What is the important starting point in developing a capacity plan? 2   Which of the following is an input file necessary to run an MRP program?
What is relationship between present value and future value : What is the relationship between present value and future value? What is the difference between an ordinary annuity and an annuity due? Give examples of each.
Administrative expense : Identify each cost as direct materials, direct labor, factory overhead, selling expense, or administrative expense.
Calculate and discuss the importance of the ratios : Calculate and discuss the importance of the following ratios: Liquidity Ratios—working capital, current ratio, quick/acid-test ratio, receivable turnover, average day's sales uncollected, inventory turnover, average day's inventory on hand, operating..
Prepare income statements, balance sheets, and statements : Prepare income statements, balance sheets, and statements of cash flows for 2013 and 2014. Use a vertical statements format.
Employees to steal assets : An act of two or more employees to steal assets and cover their theft by misstating the accounting records would be referred to as:
What is its pretax cost of debt : Blue Bull, Inc., has a target debt-equity ratio of .85. Its WACC is 8.4 percent, and the tax rate is 35 percent. Required: (a) If the company’s cost of equity is 12.5 percent, what is its pretax cost of debt?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd