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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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Answer:

A hostile takeover with IDNIC corporation as the target company.

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Since SKRAM is appealing directly to shareholders of IDNIC to acquire stocks of IDNIC corporation, it means they have a target of getting them to have a certain percentage of ownership in IDNIC because owning a stock in a company means having a percentage of ownership in that company.

This kind of appeal can be likened to trying to an aggressive push to make the shareholders take over the IDNIC corporation.

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Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
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The net income for the year 2022 is: c. $88,000.

<h3>Net income for the year 2022</h3>

Using this formula

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Therefore the correct option is c.

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Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for th
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In most businesses, what is the most costly factor of production?
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Your parents put $300 into an account paying 11 percent interest for you when you were ten. Ten years later they tell you that y
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Answer:

The balance in the account = $851.8

Explanation:

The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years

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This implies compounding the initial amount invested ($300) at the given interest rate(11%) for 10 years.This will be done as follows:

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FV = PV × (1+r)^(n)

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DATA

FV- ?

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