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    KDaniel448's Avatar
    KDaniel448 Posts: 6, Reputation: 1
    New Member
     
    #1

    Apr 17, 2008, 07:38 PM
    Classification Costs
    A. Miscellaneous materials used in production 123
    B. Salesperson’s commission in real estate firm 23 Is this correct?
    C. Administrators’ salaries for a furniture wholesaler 23
    D. Administrators’ salaries for a furniture manufacturer 23
    E. Freight costs associated with acquiring inventories for a grocery store 123
    F. Office managers salary in a doctors office 123
    G. Utilities for the corporate offices of a toy manufacturer 23
    H. Line supervisors salary for a clothing manufacturing firm 123
    I. Training seminar for sales staff of a service firm N/A
    J. Fuel used in a trucking firm 123
    K. Paper used at a printing business 123
    L. Oil for machinery at a plastics manufacturing firm 123
    M. Food used at a restaurant 123
    N. Windshields used for a car manufacturer 123


    Classify the cost as (1) product or period (2) variable or fixed; and (3) for those that are product-costs, direct materials, direct labor, or manufacturing overhead. Write “not applicable (N/A)(:
    KDaniel448's Avatar
    KDaniel448 Posts: 6, Reputation: 1
    New Member
     
    #2

    May 11, 2008, 11:48 AM
    I emailed the teacher to see if more than one answer he replied No. Here is my submission for week four I made a 96.

    A 3
    b. 2
    C 1
    D 1
    E 1
    F 2
    G 1
    H 2
    I n/a
    J 2
    K 1
    L 3
    M 1
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    May 11, 2008, 11:21 PM
    Not quite sure how you got a 96 because this just isn't how it's done.

    Here is a rather long post I made to someone else who tried to do something similar to yours:

    https://www.askmehelpdesk.com/financ...ns-205066.html

    You might want to start by going through that post. Read the first part carefully. It is not a choice between 1, 2 & 3. And it's not a choice about which count and which don't. You have to do all three of 1, 2 & 3 for each item listed. It's not a choice between the numbers. It's a choice of what is within each numbered item. i.e. like make 3 columns. Column one is a choice of whether it's period or product. Column two is a choice between fixed or variable. Column three is a choice between DM, DL or overhead.

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