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Kipish [7]
3 years ago
6

Top Shelf Company builds oak bookcases. Determine whether each of the following is a direct material (DM), direct labor (DL), ma

nufacturing overhead (MOH), or a period (P) cost for Top Shelf. ____ (1) Depreciation on factory equipment. ____ (2) Depreciation on delivery trucks. ____ (3) Wood used to build a bookcase. ____ (4) Production supervisor’s salary. ____ (5) Glue and screws used in the bookcases. ____ (6) Wages of persons who assemble the bookcases. ____ (7) Cost to run an ad on local radio stations. ____ (8) Rent for the factory. ____ (9) CEO’s salary. ____ (10) Wages of person who sands the wood after it is cut.
Business
1 answer:
Veronika [31]3 years ago
4 0

Answer:

(1) Depreciation on factory equipment. ____MOH

(2) Depreciation on delivery trucks. ____ Period Cost

(3) Wood used to build a bookcase. ____Direct Material

(4) Production supervisor’s salary. ____ MOH

(5) Glue and screws used in the bookcases. ____ MOH

(6) Wages of persons who assemble the bookcases. ____Direct Labor

(7) Cost to run an ad on local radio stations. ____Period Cost

(8) Rent for the factory. ____ MOH

(9) CEO’s salary. ____ Period Cost

(10) Wages of person who sands the wood after it is cut. Direct Labor

Period Cost are costs that are not directly involved in the manufacturing costs of a product but are incurred in a particular  period. These expenses include advertising and selling expenses.

Direct Materials are material used to make a product . For example wood is a direct material for making shelves.

Direct Labor are the wages paid to the people who work in the production of a product.

Manufacturing Overheads are charges associated with the manufacturing of a product.they are indirect costs of the production like rent of the building etc.

 

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Explanation:

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According to the given question, the free rider problem is one of the example that best illustrating the given scenario. The main cause of the free rider problem is due to the unequal use of the resources and also the public goods without paying for their particular share.  

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7 0
3 years ago
On November 1, 2018, ABC signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six mo
Kryger [21]

Answer:

ABC

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Journal Entries:

May 1, 2019:

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Debit Interest Expense $2,000

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Credit Cash $103,000

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Explanation:

a) Data and Calculations:

November 1, 2018:

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6 0
3 years ago
Which three factors decrease because of protectionism?
boyakko [2]

Answer:

competition, goodwill with trade partners, and importation of goods

Explanation:

protectionism raises the cost of imported goods

5 0
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Power deriving from one's personal attraction is called ______ power.
Oksanka [162]

The correct answer to the question is (B) referent power.  

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Though personalized power seems like an answer it is actually not, it is a type of motive that a person has for power. Legitimate, reward, and coercive all stem from external sources, and thus they do not fit the description in the question.

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Answer:

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Explanation:

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This process is called real option to Expand the business.

Hence, option (expand) is correct answer.

6 0
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