Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. following is a list of costs from oakland company,

Following is a list of costs from Oakland Company, a furniture manufacturer. Classify each cost...

90.2K

Verified Solution

Question

Accounting

image

Following is a list of costs from Oakland Company, a furniture manufacturer. Classify each cost as direct or indirect assuming that the cost object is each item manufactured. Also indicate whether each cost is a variable or fixed cost. Direct Cost or Indirect Cost Variable Cost or Fixed Cost Items 1. Wood used in chairs 2 Salaries of inspectors 3. Lubricant used in machinery 4. Factory rent 5. Wages of assembly workers 6. Factory workers' compensation insurance 7. Sandpaper 8. Fabric used for upholstery 9. Property taxes on manufacturing plant 10. Depreciation on machinery

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

(1) What is the most common technique used for finding duplicate blocks/data? A. Bit-for-bit comparisons on all...

Programming
Q

(A) Minimize the following Boolean expression as much as possible and Design the obtained function with...

Electrical Engineering
Q

lens in place A highest B lowest C midrange Question 8 1 point Listen A...

Biology
Q

Which of the following statements is are consistent with scientists observations about epigenetics O Individuals...

Biology
Q

x t 8 10 cos 27 100 7 20cos 2 250 a Using Euler s...

Geometry
Q

Write each decimal 1 ninety eight and seven tenths

Algebra
Q

Addendum C PLEASE HELP. CH 10. THIS IS DUE SOON Continuing Case 48. Property...

Accounting
Q

Under US GAPP, State and local governments use ____________ accrual to record the transactions in...

Accounting
Q

Problem No. 4-15 Points Many businesses borrow money during periods of increased business activity to...

Accounting
Q

Five examples of turnaround documents. Discuss how turnaround documents help to achieve the aims of...

Accounting
Q

Merdeka REIT is one of Malaysias largest real estate investment trust. The Merdeka REIT is...

Finance
Q

Save Homework: Chapter 13 Homework Score: 0 of 3 pts P13-11 (similar to) 2 of...

Finance