Solution-Which is a direct cost in the production of tire

Which is a direct cost in the production of tire jacks

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Reference no: EM132958381

Problem 1: Which of the following is a direct cost in the production of tire jacks for a machine shop?

A. Utilities

B. Taxes

C. Steel

D. Rent

Problem 2: Which of the following is an indirect cost in the construction cost of a home for a building company?

A. Insurance

B. Paint

C. Lumber

D. Carpeting

Problem 3: Which of the following companies has all costs along the value chain accounted for as period costs?

A. Service Corporation

B. Merchandising Corporation

C. Manufacturing Corporation

D. None of the above

Problem 4: A manufacturer would treat direct materials, direct labour, and overhead as:

A. inventoriable product costs.

B. period costs.

C. both inventoriable product and period costs.

D. neither inventoriable product nor period costs.

Problem 5: Which of the following is NOT a relevant cost when buying new manufacturing equipment?

A. Sales tax

B. Cost of machine being replaced

C. Purchase price

D. Insurance on the machine

Reference no: EM132958381

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Which is a direct cost in the production of tire jacks

Reference no: EM132958381

Reference no: EM132958381

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