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**ACCOUNTING HELP NEEDED** Book used Financial Accounting

 
Muhammad Jawaad Ahmed's Avatar
  • Answered by:Muhammad Jawaad Ahmed
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Customer Question

**ACCOUNTING HELP NEEDED**
Book used = “Financial Accounting as a Second Language” by DAVID WEINER

Instructions:A2
For this assignment, complete the following:

For each of the following costs, identify whether the item is

A variable or fixed cost?
Direct or indirect cost?
Controllable or uncontrollable cost?
For example: Plant Utilities would be a variable, indirect, and controllable cost.

Not all items will fit into each category. Items that do not fit a category should be labeled as not applicable.

1.) Raw materials.

2.) Staples used to secure packed boxes of the product.

3.) Plant janitor’s wages.

4.) Order processing clerk’s wages.

5.) Advertising expenses.

6.) Production worker’s wages.

7.) Production supervisor’s salaries.

8.) Sales force commissions.

9.) Maintenance supplies used.

10.) President’s salary.

11.) Electricity cost for the office building.

12.) Real estate taxes for the plant.

13.) Production-run setup costs.

14.) Depreciation of plant equipment.

15.) Outbound shipping costs.

**Use a table format to complete this assignment**

 

Optional Information:
Level/Year: 4TH YEAR Senior
Subject: ACCOUNTING

Already Tried:
Please provide solutions for these questions. Thank you for the assistance.

Submitted: 790 days and 9 hours ago.
Category: Homework
Value: $16
Status: CLOSED

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Expert:  Muhammad Jawaad Ahmed replied 790 days and 2 hours ago.

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Expert TypeChartered Accountant
Category: Homework
Pos. Feedback: 98.5 %
Accepts: 1933
Answered: 3/1/2011

Experience: Doing Chartered Accountancy

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