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Sit-Well Corporation Manufactures an Exclusive Line of Chairs and Recliners

Question 7

Short Answer

Sit-well Corporation Manufactures an exclusive line of chairs and recliners.Determine whether each of the following would be considered a product or nonproduct cost for Sit-well by using a P to identify the product cost and NP to identify nonproduct costs.
_____
A.Cost of the wood used in the chairs.
_____
B.Cost of office supplies
_____
C.Cost of the fabric used on the recliners.
_____
D.Cost of the utilities incurred to run the manufacturing plant.
_____
E.The salary of the foreman who oversees the raw materials warehouse
_____
_____ F.Depreciation on salespersons' cars
_____ G.The president of the corporation's salary
_____ H.Wages paid to employees who assemble the chairs
_____ I.Cost of the glue used to assemble the chairs
_____ J.Cost of shipping the finished product to consumers.

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A.P; B.NP; C.P; D.P;...

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