Classifying Manufacturing Costs Assignment

E DICUL ACCOUNTING EXERCISE 2-1 Classifying Manufacturing Costs [LOL] The PC Works assembles custom computers from components supplied by Val computers from components supplied by various manufacturers. a ll The company is very small and its assembly shop and retail sales store are housed in a sm it in a Redmond, Washington, industrial park. Listed below are some of the costs that are incurred at the company. Required: For each cost, indicate whether it would most likely be classified as direct labor, direct materials, manufacturing overhead, selling, or an administrative cost.

Top Universities

1. The cost of a hard drive installed on a computer. 2. The cost of advertising in the Puget Sound Computer User newspaper. 3. The wages of employees who assemble computers from components. 4. Sales commissions paid to the company's salespeople. 5. The wages of the assembly shop's supervisor. 6. The wages of the company's accountant. 7. Depreciation of equipment used to test assembled computers before release to customers. 8. Rent on the facility in the industrial park. EXERCISE 2-2 Cost Terminology for Manufacturers [LOI, LO2] Arden Company reported the following costs and expenses for the most recent month: Direct materials …… Direct labor. Manufacturing overhead … Selling expenses …… Administrative expenses $80,000 $42,000 $19,000 $22.000 $35,000 Required: 1. What is the total amount of product costs? 2. What is the total amount of period costs? 3. What is the total amount of conversion costs? 4. What is the total amount of prime costs?Get Accounting homework help today

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Australia Assessments
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Military
excellent job
Customer 456821, June 12th, 2022
Ethics
Good Job!
Customer 454777, July 8th, 2020
English 101
Thank you!
Customer 454351, May 9th, 2020
Nursing
Great Job! Thank you for your help :)
Customer 454007, May 24th, 2020
Human Resources Management (HRM)
Adequate.
Customer 462499, May 21st, 2022
Military
very good job
Customer 456821, June 15th, 2022
Management
The quality was well done, however, the timing wasn't up to par.
Customer 454747, June 27th, 2020
Business Studies
im happy
Customer 453915, January 28th, 2020
Healthcare & Medical
Good work!
Customer 452441, August 6th, 2022
Quora
The instructions were followed but, there are a few mistakes you should correct
Customer 452441, March 25th, 2022
Military
Excellent.
Customer 456821, June 12th, 2022
ASCI 491 Operational Applications in Aeronautics
Excellent. Ensure your color selections enhance group presentations.
Customer 457731, March 29th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat