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Please answer all the questions. For questions 616 use the Westfield Corporation case and...

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Accounting

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Please answer all the questions.

For questions 616 use the Westfield Corporation case and Excel documents in Canvas Files. Note: remember to check the comments in the Excel documents (red triangle in upper right hand corner of a cell - the comment will appear). 11. Management has a policy on how it categorizes "direct labor" in its production plant. What is the policy? Direct labor is categorized as a variable expense Management does not have a policy regarding direct labor Direct labor is categorized as a fixed expense Direct labor does not change with changes in production and sales levels Question 12 0.5pts For questions 6 - 16 use the Westfield Corporation case and Excel documents in Canvas Files. Note: remember to check the comments in the Excel documents (red triangle in upper right hand corner of a cell - the comment will appear). 12. What is management's policy for categorizing "rework" in the production plant (see COGS Sch 2)? Why does management categorize rework in this way? Variable expense because rework expense does not change with production levels. Fixed expense because rework expense varies with production levels Management has no policy for rework

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