Business, 10.09.2019 18:30 abc236

The costs were taken from the accounting records of the barnwell manufacturing company. classify each item as either a product cost or a period cost. also, classify all product costs as direct or indirect, assuming that the cost object is each unit of product manufactured. (if not applicable then select na.)
(1) state income taxes
(2) insurance on the manufacturing facilities
(3) supplies used in manufacturing
(4) wages for employees in the assembly department
(5) wages for employees who deliver the product
(6) interest on notes payable
(7) materials used in the production process
(8) rent for the sales outlet in sacramento
(10) depreciation expense on delivery trucks
(11) wages for the sales staff
(12) factory supervisors' salaries
(13) company president's salary
(14) advertising expense

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 20:00

Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?

Answers: 1

Answer

Business, 22.06.2019 20:50

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)

Answers: 3

Answer

Business, 22.06.2019 22:40

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?

Answers: 1

Answer

Business, 23.06.2019 10:00

The american dream includes home ownership. but in the last few years, it's gotten harder and harder to own a home. do you think home ownership is important to most americans today? why or why not?

Answers: 1

Answer

You know the right answer?

The costs were taken from the accounting records of the barnwell manufacturing company. classify eac...

Questions

Business, 10.12.2020 04:00

A teacher who makes copies of a newspaper article to give to her students is protected under: Fair market value Trademark exemption laws Fair use exem...