Page 7 Problem #9 Yates Manufacturing Company incurs the following manufacturing

Question

Page 7 Problem #9 Yates Manufacturing Company incurs the following manufacturing costs and expenses Instructions: Complete the following matrix by placing an X mark under the appropriate headings One of these One of these Fixed Variable Cost Cost Direct Direct Mfg Period | Materials | 1 Sales manager's salary 2 Plastic used to make a chair 3 Rent on factory building 4 Direct materials transferred to WIP 5 Wages for product painters 6 Factory manager salary Utilities on running factory 7 equipment Salaries of workers assembling 8 product 9 Advertising 10 Depreciation on factory machinery 11 Lubricants fro factory machinery 12 Sales commissions 13 Depreciation on office computers 14 Indirect materials used in assembly Page 8 8 EPIC

Explanation / Answer

Fixed Cost Variable cost Direct Material Direct Labor Mfg. Overhead Period cost 1. Sales Manager's Salary X X 2. Plastic used to make a chair X X 3. Rent on factory building X X 4. Direct materials transferred to WIP X X 5. Wages for product painters X X 6. Factory manager salary X X 7. Utilities on running factory equipment X X 8. Salaries of workers assembling product X X 9. Advertising X X 10. Depreciation on factory machinery X X 11. Lubricants for factory machinery X X 12. Sales commission X X 13. Depreciation on office computers X X 14. indirect material used in assembly X X

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