A manufacturing process requires small amounts of glue. The glue used in the production process is classified as a(n)
a. period cost.
b. indirect material.
c. direct material.
d. miscellaneous expense.
Answer: b. indirect material.
Business
You might also like to view...
Direct materials and direct labor of a company total $8,000,000. If manufacturing overhead is $4,000,000, what is direct labor cost?
a. $4,000,000 b. $8,000,000 c. $0 d. Cannot be determined from the information provided
Business
A seller signs three open listing agreements. Which of the following is correct?
a. The listing contract is voidable by any of the brokers. b. The listings are illegal. c. The payment of a commission is unenforceable. d. The broker who delivers an acceptable offer receives the full commission.
Business