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Paraphin [41]
3 years ago
12

Identify each cost as a period cost or a product cost. If it is a product​ cost, further indicate if the cost is direct​ materia

ls, direct​ labor, or manufacturing overhead.​ Then, determine if the product cost is a prime cost​ and/or a conversion cost.
Wages of assembly line workers
Wages of the office receptionist
Property taxes on the factory
Sugar and flour used to make cookies
Salary of the factory maintenance supervisor
Salary of the sales manager
Business
1 answer:
Lostsunrise [7]3 years ago
5 0

Answer:

1. Wages of assembly line workers  - Product cost - Direct labor - Prime and conversion

2. Wages of the office receptionist  - Period cost

3. Property taxes on the factory - Product cost  - Manufacturing overhead - Conversion

4. Sugar and flour used to make cookies - Product cost  - Direct materials - Prime

5. Salary of the factory maintenance supervisor  - Product cost  - Manufacturing overhead - Conversion

6. Salary of the sales manager - Period cost

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Tamiku [17]

The product that is an example of a consumer good is shop gallon of milk to use in a bowl of cereal. Consumer goods are mostly consumed immediately.

<h3>What are consumer goods?</h3>

Consumer goods are products or goods that are bought for consumption. Consumer goods are mostly finished products from a factory such as buscuit, cereals, milk, bread that can be sell on retail to the consumer.

The products are ate and mostly bought for personal use from a supermarket, store or exhibition.

Most of the consumer products can be consumed without any further processing.

Areas with high rate of consuming consumer products will have economic growth this is because the increase in it's demand help to improve economy.

Therefore, The product is an example of a consumer good is shop gallon of milk to use in a bowl of cereal.

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4 0
2 years ago
This is a growth strategy with a goal to take customers away from competitors.
vitfil [10]

Answer:

market penetration

Explanation:

As market is already created but the share of the company needs to be higher.

8 0
3 years ago
Suppose the exchange rate is 90 yen per U.S. dollar and the United States wants to keep the exchange rate at a target rate of 90
ikadub [295]

Answer:

Option A, buys dollars to raise the exchange rate, is the right answer.

Explanation:

Option A is correct because when the Fed will buy the dollars then only the demand for dollars will shift rightwards. Consequently, the dollar price or exchange rate will go up. Therefore, the Fed will buy the dollars to increase the exchange rate. In another case, if the Fed wants to decrease the exchange rate then it will sell the dollars, and selling of dollars will shift the supply rightwards. Thus, the exchange rate will fall.

6 0
3 years ago
The Home and Garden (HG) chain of superstores imports decorative planters from Italy. Demand for the planters is stable and aver
Korolek [52]

Answer:

The average inventory which HG should carry during the year is 5,000 units.

Explanation:

Economic Order Quantity is the ideal inventory procurement which minimizes holding and ordering cost. The EOQ is used by businesses in order to determine the best possible inventory holding.

EOQ = \sqrt{\frac{2*Annual Demand * Ordering Cost}{Annual Holding Cost} }

EOQ = \sqrt\frac{2*7,500*5,000}{10*0.3}

EOQ = 5,000 units

6 0
3 years ago
Cow’s Milk Creamery, Inc., needs a certain part for its pasteurizing equipment to continue its operations and orders one for $3,
Lostsunrise [7]
D.) I think I hope I helped
3 0
3 years ago
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