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Lunna [17]
3 years ago
5

Granger Cards is a manufacturer of greeting cards. Classify its costs by matching the costs to the terms.

Business
1 answer:
OverLord2011 [107]3 years ago
4 0

Answer:

1. Direct Materials: C) Paper

2. Direct Labor: A) Artist's wages

3. Indirect materials: G) Glue for envelopes <em>(this is asuming there isn't a direct association between glue, envelopes and greeting cards - which is the case that one envelope can be used for 1 card or 2+ cards indistinctly- and/or 1 glue can be used for more than 1 envelope)</em>

4. Indirect labor: B) Wages of materials warehouse workers; E) Manufacturing plant manager's salary

5. Other manufacturing overhead: D) Depreciation on manufacturing equipment; F) Property taxes on manufacturing plant

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The assets, liabilities, and owner's equity sections of the balance sheet reflects the results of multiple transactions creating an image of a business in financial terms.


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<h3><u>Explanation:</u></h3>

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3 years ago
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In a perfectly competitive market, all producers sellidentical goods or services. Additionally, there arefew buyers and sellers.
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Answer:

false

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Answer:

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Answer on Edge2020

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2 years ago
Read 2 more answers
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