s 2-3 (of 5 (The following information applies to the questions displayed below]
ID: 2340782 • Letter: S
Question
s 2-3 (of 5 (The following information applies to the questions displayed below] Listed here are the total costs associated with the 2011 production of 1,000 drum sets manufactured by NeatBeat The drum sets sell for $482 each. (Assume there is no ending Inventory In the year 2011.) 1. Plastic for casing-$21,000 2. Wages of assembly workers-$82,000 3. Property taxes on factory -$6,000 ng staff salaries-$33,000 5. Drum stands (1,000 stands outsourced) $42,000 6. Rent cost of equipment for sales staff-$12,000 7. Upper management salarles-$175,000 8. Annual flat fee for maintenance service-$22,000 9. Sales commissions-$17 per unit 10. Machinery depreciation-$45.000 20.00 points Required: 1. Classify each cost and its amount as (a) either fixed or variable and (b) either product or period. (The first cost is completed as an example ) (Leave no cells blank-be certain to enter "0" wherever required. Omit the "S sign in your response.)Explanation / Answer
Cost by Behavior Cost by Function Variable Fixed Product Period Plastic for casing 21000 21000 Wages of assembly workers 82000 82000 Property taxes on factory 6000 6000 Accounting staff salaries 33000 33000 Drum stands (1,000 stands outsourced) 42000 42000 Rent cost of equipment for sales staff 12000 12000 Upper mgmt. salaries 175000 175000 Annual flat fee paid for maintenance service 22000 22000 Sales commissions 17000 17000 Machinery depreciation, straight-line 45000 45000
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.