Answer:
(a) DM
(b) DL
(c) MO
(d) MO
Explanation:
(a) Frames and tires used in manufacturing bicycles.
This is cost directly related to the materials used in manufacturing a product and, thus, should be classified as a direct material cost (DM).
(b) Wages paid to production workers.
This cost is directly related to pay for the labor required to manufacture a product and, thus, should be classified as a direct labor cost (DL).
(c) Insurance on Factory equipment and machinery.
Although this is a cost incurred from manufacturing, it can't be directly linked to either materials or labor since it is an structural cost and, therefore, should be classified as a manufacturing overhead cost (MO).
(d) Depreciation on factory equipment
For the same reason as the previous item, this should be classified as a manufacturing overhead cost (MO).
Building, construction, and maintenance of physical architecture is a profession of civil engineering.
Whenever students would like to continue pursuing their civil and structural careers, they require specific skills to be competent in their choice of job.
The competencies that also conform to the civil engineering career seem to be:
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Skilled in mathematics, science, and computer design.
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Likes mechanically inclined to work with her hands.
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<u><em>Good, patient, </em></u>and <u><em>persistent communicating</em></u>.
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It could be use to discuss ideas and subjects, defend them and negotiate.
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Answer:
$6250
$5000
$5250
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($212,000 - $12,000) / 8 = $25,000
The machine was used for only 3 months in the fiscal year. Thus, the depreciation expense = $25,000 x (3/12) = $6250
Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)
(1000 / 40,000) x ($212,000 - $12,000) = $5000
Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)
($212,000 - $12,000) x (525 / 20,0000) = $5250