ACCT 346 Week 1 Homework Assignment

ACCT 346 Week 1 Homework Assignment

This Tutorial was purchased 4 times & rated A by students like you.

  |  Write a review  |   Reviews (2)   |  
Price: $5.00
     
 

Attachments: ACCT 346 Week 1 Homework Assignment.xlsx [ Preview Here ]

1.      Identify whether each of the items below is a Product Cost or Period Cost: 
2. Identify whether each of the items below is a Direct Cost or Indirect Cost: 3. Identify whether each of the below is a Fixed Cost or Variable Cost: 4. Classify each as direct material, direct labor, indirect labor, indirect labor, other manufacturing overhead or period cost, and then answer the 5 questions below:

 

 

Factory insurance

Company president's salary

Eggs, salt, water used for baking

Depreciation expense on bake ovens

Paper wrappers for bread

Factory lease

Advertising costs

Factory supervisor salaries

Sales commissions

Flour used in baking bread

 

2.  Identify whether each of the items below is a Direct Cost or Indirect Cost: (1/2 point each, total 5 points)

 

Factory insurance

Baker's wages

Eggs used for baking

Depreciation expense on bake ovens

Paper wrappers for bread

Cleaning materials for bake ovens

Utilities used in factory

Factory supervisor salaries

Lubricant for factory equipment

Flour used in baking bread

 

3.  Identify whether each of the items below is a Fixed Cost or Variable Cost: (1/2 point each, total 5 points)

 

Shipping costs for bread

Cost of fuel for delivery truck fleet

Factory rent

Factory insurance

Maintenance on delivery trucks

Sales commissions

Wages paid to part-time (hourly) baker's assistant

Oven depreciation

Cost of fruit for cake topping

Factory utilities

 

Question 4 General Instructions: For this baking operation, you'll need to first classify each expense below as direct material, direct labor, indirect material, indirect labor, other manufacturing overhead or period cost, and then answer the calculation questions in Parts 4b - 4e.

 

 

 a. Depreciation expense on factory forklifts ......

 b. Property tax on corporate marketing office ....

 c. Company president's salary .....,,......

 d. Factory janitor wages ...............

 e. Accounting department salaries .....

 f. Bakers’ health insurance ..............

 g. Assorted baking ingredients............

 h. Depreciation expense on administrative office equipment......

 i. Bakers’ wages ...........

 j. Factory utilities ..........

 k. Production supervisors’ salaries .....

 l. Flour ..........................

 m. Factory equipment lubricants ............

Write a review

Order Id

Order Id will be kept Confidential
Your Name:


Your Review:
Rating:   A   B   C   D   F  

Enter the code in the box below:



Related Products
ACCT 346 Week 1-7 All Discussion Questions
$12.00
Rating:B+
Purchased: 2 time
Add to Cart
ACCT 346 Week 4 Midterm 1
$10.00
Rating:A+
Purchased: 3 time
Add to Cart
ACCT 346 Week 4 Midterm 2
$10.00
Rating:B+
Purchased: 1 time
Add to Cart
ACCT 346 Managerial Accounting Entire Course
$55.00
Rating:A+
Purchased: 5 time
Add to Cart
ACCT 346 Week 2 Homework Assignment
$5.00
Rating:A+
Purchased: 4 time
Add to Cart
ACCT 346 Week 2 Homework Assignment
$5.00
Rating:A+
Purchased: 4 time
Add to Cart
ACCT 346 Week 3 Homework Assignment
$5.00
No rating
Purchased: 4 time
Add to Cart
ACCT 346 Week 4 Homework Assignment
$5.00
Rating:A+
Purchased: 3 time
Add to Cart
ACCT 346 Week 5 Homework Assignment
$5.00
Rating:A+
Purchased: 3 time
Add to Cart
ACCT 346 Week 6 Homework Assignment
$6.00
Rating:A
Purchased: 4 time
Add to Cart
ACCT 346 Week 7 Homework Assignment
$6.00
Rating:B+
Purchased: 2 time
Add to Cart
ACCT 346 Final Exam Guide (New
$12.00
Rating:A+
Purchased: 3 time
Add to Cart
ACCT 346 Midterm Set 1 (New)
$10.00
Rating:A+
Purchased: 4 time
Add to Cart
ACCT 346 Midterm Set 2 (New)
$10.00
Rating:A+
Purchased: 3 time
Add to Cart
webzindagi
Tutorial Rank © 2021