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Abel Manufacturing Company Incurs the Following Costs and Expenses in Making

Question 303

Matching

Abel Manufacturing Company incurs the following costs and expenses in making furniture. Classify the following manufacturing costs and expenses by using the:

Premises:
Lubricants, rosin, and polishing compounds used in manufacturing
Oak and pine wood used in desks and chairs
Insurance on factory building
Advertising in trade magazines
Salesperson's commissions
Wages of assembly line workers
Rent on leased factory machinery
Depreciation on delivery equipment
Wages of factory maintenance workers
Depreciation on factory machinery
Responses:
Direct materials cost
Direct labor cost
Manufacturing overhead cost
Period cost

Correct Answer:

Lubricants, rosin, and polishing compounds used in manufacturing
Oak and pine wood used in desks and chairs
Insurance on factory building
Advertising in trade magazines
Salesperson's commissions
Wages of assembly line workers
Rent on leased factory machinery
Depreciation on delivery equipment
Wages of factory maintenance workers
Depreciation on factory machinery
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