Which cost is a period cost? (Points : 5) Depreciation of factory equipment
Transportation-in for raw material
Patent amortization for the company’s product
Depreciation of office equipment
Ink pens |
There is no need to use time tickets to assign costs to processes. |
$300,000. |
Assembly |
the volume of activity where all fixed costs are recovered. |
2,000 units |
Maintenance |
$8,000 |
budgeted amounts from different years are compared. |
10,000 pillows |
Inclusion of fixed selling expenses in product costs |
Using poorly maintained machinery |
Question 14. 14. (TCO 6) Which equation measures the direct labor rate variance? (Points : 5) |
(SR * AH) – (SR * SH).
(AR * SH) – (SR * AH).
(AR * AH) – (SR * AH).
None of the above