The costs associated with the general management

Assignment Help Financial Accounting

Reference no: EM131221054

1. A category of costs that include all the costs associated with the general management of the company is referred to as

inventoriable costs

professional costs

period costs

selling costs

2. Direct labor costs include all of the following except:

Wages of workers who transform direct materials into the finished product.

Wages of workers who actually have his or her hands on the product or on the machine as the product is being made.

Supervisors who oversee the production process.

Benefits paid to the workers who transform direct materials into finished products.

Reference no: EM131221054

Questions Cloud

Accordance with generally accepted auditing standards : When an audit is made in accordance with generally accepted auditing standards, the independent auditors must:

Discount or premium is amortized over the life of the bond : When bonds are issued at other than par value, a discount or premium is recorded. This discount or premium is amortized over the life of the bond. However, a callable bond may be retired before the maturity date, which leaves a loss or gain to be rec..

Describe the role of managerial accounting : Describe the role of managerial accounting in your current or former place of business. If you have not been employed by a company that uses managerial accounting, choose a well-known company and describe how managers of that company might use manage..

Using the tax rate schedules : Eric is single and has no dependents for 2016. He earn $30,000 and had deductions from gross income of $1,800 and itemized deductions of $6,500.Computer Eric's income tax for the year using the Tax Rate Schedules.

The costs associated with the general management : A category of costs that include all the costs associated with the general management of the company is referred to as. Direct labor costs include all of the following except:

The tax table in computing their income tax : Julian and Georgia file a joint return. They have adjusted gross income of $112,000 and itemized deductions of $112,800.Are they requierd to use the Tax Rate Schedules or the Tax Table in computing their income tax?

Which best reflects the performance of production manager : Tanker Tech-Tethers produces an electronic dog collar. The annual budget for the collar production in the current year was: Budget Actual Production and sales 4000 units 3900 units Variable production costs $640,000 $631,800 Fixed production costs $4..

Manufacturer of printers aimed at small businesses : Buddy Printers is a manufacturer of printers aimed at small businesses in the US. The typical model sells for $500 or less and comes with the initial toner cartridge. The average owner of these printers would replace the toner cartridge four times ov..

Management discussion and analysis section of annual report : Using the annual report of Bank of America, discuss the risks the company faces and the actions they take to mitigate those risks. Refer to the Management Discussion and Analysis section of the annual report for this information. Discuss what others ..

User Account

All Pages