ACCOUNTING 230 CHAPTER 2
Direct materials available for production
beginning Direct materials inventory 1/1/2017 + Direct materials purchased
Factory utilities (Cost per minutes of usage) - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
indirect Variable
Night guard in factory - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
indirect fixed
Maintenance supplies for factory - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
indirect variable
Prime costs
All direct manufacturing costs.
Conversion cost
All manufacturing costs other than direct material costs.
Manufacturing overhead costs
All manufacturing costs related to the cost object but cannot be traced to the cost object.
Direct manufacturing-labor costs
Compensation of all manufacturing labor that can be traced to the cost object.
Direct material costs
Costs of all materials that can be traced to the cost object.
Reinforcement cable - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
Direct Variable
Rubber -direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
Direct Variable
Total manufactoring costs include
Direct material costs / Direct manufacturing labor costs / Manufacturing overhead costs
Finishing department hourly laborers - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
Direct variable
Total manufacturing cost per unit formula
Total manufactoring costs / units produced
Depreciation on formers - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
Indirect FIxed
Rent on factory building - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
Indirect Fixed
Fire insurance on factory building - direct variable (DV), direct fixed (DF), indirect variable (IV) or indirect fixed (IF) cost
Indirect fixed
