subject
Business, 12.08.2021 01:10 miamidolphinslv9736

Classify each of the following costs for Meyers Company as a selling or general and administrative period cost or as a direct or indirect product cost by entering the dollar amount(s) in the appropriate column(s): a. Paid $60,000 in wages for employees who assemble the company's products.
b. Paid sales commissions Of $63,000.
c. Paid $24,000 in salaries for factory supervisors.
d. Paid $92,000 in salaries for executives (president and vice presidents).
e. Recorded depreciation cost of $35,000. $23,000 was depreciation on factory equipment and $12,000 was depreciation on the company headquarters building.
f. Paid $6,000 for various supplies that it used in the factory (Oil and materials used in machine maintenance).
G. Used $1 1,000 in prepaid corporate liability insurance.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 15:10
On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.
Answers: 2
question
Business, 22.06.2019 19:40
The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.
Answers: 3
question
Business, 22.06.2019 23:10
Tony prince is the project manager for the recreation and wellness intranet project. team members include you, a programmer/analyst and aspiring project manager; patrick, a network specialist; nancy, a business analyst; and bonnie, another programmer/analyst. other people are supporting the project from other departments, including yusaff from human resources and cassandra from finance. assume that these are the only people who can be assigned and charged to work on project activities. recall that your schedule and cost goals are to complete the project in six months for under $200,000.task 2identify at least eight milestones for the recreation and wellness intranet project. write a short paper describing each milestone using the smart criteria. discuss how determining these milestones might add activities or tasks to the gantt chart. remember that milestones normally have no duration, so you must have tasks that will lead to completing the milestone.
Answers: 3
question
Business, 23.06.2019 08:30
Which of the following scenarios will probably cause prices to drop
Answers: 3
You know the right answer?
Classify each of the following costs for Meyers Company as a selling or general and administrative p...
Questions
question
French, 30.10.2020 20:20
question
History, 30.10.2020 20:20
question
Mathematics, 30.10.2020 20:20
question
Mathematics, 30.10.2020 20:20
question
Mathematics, 30.10.2020 20:20
question
Mathematics, 30.10.2020 20:20
question
Mathematics, 30.10.2020 20:20
Questions on the website: 13722367