Classify each of the following costs as a product cost or period cost. If it is a product cost, classify it as direct (or indirect) materials, direct (or indirect) labor, or overhead.
a. Wheat used to make flour at General Mills.
b. Sales commissions paid to sales personnel at Gap retail stores.
c. Costs incurred by General Motors to ship automobile seats purchased from the Lear Corporation to GM assembly plants.
d. Insurance paid on the Target retail stores in Michigan.
Answers: 1
Business, 22.06.2019 02:10, jessica6597
The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u. s. banks that cannot borrow elsewhere governments in developing countries during currency crises u. s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u. s. economy (the money supply), the federal reserve will government bonds.
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Business, 22.06.2019 19:10, saabrrinnaaa
Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production
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Classify each of the following costs as a product cost or period cost. If it is a product cost, clas...
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