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Worksheetsyourboi
Total questions: 8
Worksheet time: 5mins
Which of the following costs would be included in manufacturing overhead of a computer manufacturer?
the cost of memory chips
depreciation on testing equipment
the cost of the 3 inch disk drives
the wages earned by computer assemblers
Who is the user of manufacturing statement
creditors
owners
investors
managers
Manufacturing overhead includes:
factory rent and direct labour
direct material and direct labour
indirect labour and indirect material
indirect material and direct material
How much is the manufacturing overhead incurred
RM38,000
RM50,000
RM47,000
RM46,000
Rent expense incurred on a factory building would be treated as a(n)
period cost
indirect cost
product cost
product cost and indirect cost
A manufacturing account shows beginning and ending inventories for
raw material
work in process only
raw material and work-in-process only
raw material, work in process and finished goods
The cost of goods sold for Ahmad Manufacturing in 20x8 was RM233,000. The 1 Jan 20x8 finished goods inventory balance was RM31,500, and the 31 Dec 20x8 finished goods inventory balance was RM24,000. Cost of goods manufactured during the period was:
RM233,000
RM225,700
RM288,800
RM240,400
Direct material and direct labour are classified as
period costs and expensed when occured
product costs and expensed when incurred
period costs and expensed when the goods are sold
product costs and expensed when the goods are sold
