ACC 560 Week 1 Homework Chapter 1 ( E1-5 , E1-9 , E1-10 and E1-2A )
ACC 560 Week 1 Homework Chapter 1 ( E1-5 , E1-9 , E1-10 and E1-2A )
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E1-5
E1-5 Gala Company is a manufacturer of laptop computers . Various costs and expenses associated with its operations are as follows .
1 . Property taxes on the factory building . 2 . Production superintendents ‘ salaries . 3 . Memory boards and chips used in assembling computers . 4 . Depreciation on the factory equipment . 5 . Salaries for assembly-line quality control inspectors . 6 . Sales commissions paid to sell laptop computers . 7 . Electrical components used in assembling computers . 8 . Wages of workers assembling laptop computers . 9 . Soldering materials used on factory assembly lines . 10 . Salaries for the night security guards for the factory building .
The company intends to classify these costs and expenses into the following categories :
( a ) Direct materials , ( b ) Direct labor ,