Presented below is a list of costs and expenses usually incurred by Barnum Corpo

Question

Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture in its factory. Classify the items into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead

1. salaries for assembly line inspectors

2. insurance on factory machine

3. property taxes on the factory building

4. factory repairs

5. upholstery used in manufacturing furniture

6. wages paid to assembly line workers

7. factory machinery depreciation

8. glue,nails,paint, and other small parts used in production

9. factory supervisors salaries

10. wood used in manufacturing furniture

Explanation / Answer

1 Salaries to assembly line inspectors - Direct Labor

2 Insurance on factory machine - Manufacturing Overhead

3 Property taxes on the factory Building - Manufacturing Overhead

4 Factory Repairs - Manufacturing overhead

5 Upholstery used in manufactuiring furniture - Direct Material

6 Wages paid to assembly line workers - Direct Labor

7 Factory Machinery Depreciation - Manufacturing Overhead

8 glue,nails,paint, and other small parts used in production - Direct Material

9 factory supervisors salaries - Manufacturing Overhead

10 wood used in manufacturing furniture - Direct Material

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.