Prime cost consists of direct materials

Assignment Help Accounting Basics
Reference no: EM131061714

Q. 16 Prime cost consists of direct materials and what?

A. Direct labour.

B. Manufactuuring overhead.

C. Indirect materials.

D. Cost of goods manufactured.

Q17. What does manufactured overhead cost consist of?

A. All manufactured costs.

B. All manufactured costs, EXCEPT direct materials and labour.

C. Indirect materials but NOT indirect lobour.

D indirect lobur but NOT indirect materials.

Q. 1 Prime cost consists of direct materials and what?
A. Direct labour.
B. Manufactuuring overhead.
C. Indirect materials.
D. Cost of goods manufactured.

Q.2 What does manufactured overhead cost consist of?
A. All manufactured costs.
B. All manufactured costs, EXCEPT direct materials and labour.
C. Indirect materials but NOT indirect lobour.
D indirect lobur but NOT indirect materials.

Reference no: EM131061714

Questions Cloud

Discuss specific changes in supply and demand : Evaluate the actions of the federal government and the Federal Reserve to restore equilibrium. How effective were these counter-cyclical policies?
What factors do you think might make the testimony : Imagine a case is going to court and the only eye witness is a young child. Based on the information from this unit's Readings, do you think the testimony of a young child should be admissible in a court of law? What factors do you think might mak..
Recommend purchases or changes in the company : Managers use ________ proposals to justify or recommend purchases or changes in the company. Examples: installing a new computer, introducing telecommuting, or other flexible work schedules.
Write a report for the directors of jp drew : MN7542 - Financial Modelling - Determine how this information can be used to shed light on the impact of ownership structure on company performance and write a report for the Directors of JP Drew which addresses these issues.
Prime cost consists of direct materials : Q. 16 Prime cost consists of direct materials and what? A. Direct labour. B. Manufactuuring overhead. C. Indirect materials. D. Cost of goods manufactured. Q17. What does manufactured overhead cost consist of?
Strategic partner with its organization : What are some examples of activities where HR is a strategic partner with its organization?
Calculate the labour force participation : The table below reports some labour market figures for a hypothetical country, Blefuscu in 2005. Assume that there are only two types of employment: full time and part time. Everyone who is not employed is unemployed.
Focusing on the right things : From your experiences working with and/or around HR department representatives are they performing as they should be and focusing on the right things?
Why is the work breakdown structure : Why is the Work Breakdown Structure (WBS) difficult to accomplish? How does the WBS differ from the network diagram?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Complete this assignment using an excel spreadsheet

Complete this assignment using an Excel spreadsheet, and date and explain each entry on your deliverable.

  How much income must terry recognize

How much income must Terry recognize when she receives the stock dividend?

  Roofling company paid wages

Roofling Company paid wages of $319,600 this year. Of this amount, $193,900 was taxable for net FUTA and SUTA purposes. The state's contribution tax rate is 4.3% for Roofling Company.

  Problem related to investigation costs

She incurs expenses of $18,000 (accounting fees, marketing survey, etc.) in exploring its business potential. Her parents have agreed to loan her the money required to start the business. What amount of these investigation costs can Juliet deduct ..

  Section 351-much like the like-kind exchange rules under

section 351-much like the like-kind exchange rules under section 1031-often allows the gain that would otherwise be

  Determine the amount of overhead assigned

1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 70 percent and Product B requires 30 percent.

  Compute the companys direct labor budget for the upcoming

the production manager of rordan corporation has submitted the following forecast of units to be produced by quarter

  Degree independent of the grade the employee

1. Is the probability of having a graduate degree independent of the grade the employee is in? 2. Construct a 95% confidence interval on the mean service for each gender? Do they intersect?

  Applicable interest rate for bonds

The bonds pay interest annually on December 31st and mature in 20 years. The applicable interest rate for bonds of this length and risk, is 12%. A. How much do the bonds sell for?

  On january 1 of the current year feller corporation

on january 1 of the current year feller corporation issued 3000000 of 10 debenture bonds on a basis to yield 8

  On february 7 mccade repair service extended an offer of

on february 7 mccade repair service extended an offer of 63000 for land that had been priced for sale at 72000. on

  Journal entries-cayuga meadows

Cayuga Meadows purchased 42,000 shares of common stock of Long Corporation as a long-term investment for $1,000,000. During the year, Long Corporation reported net income of $500,000 and paid dividends of $200,000.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd