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jerico jerico
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9 years ago
Lucas Manufacturing has three cost objects that it uses to accumulate costs for its manufacturing plants. They are:

   Cost object #1:   The physical buildings and equipment
   Cost object #2:   The use of buildings and equipment
   Cost object #3:   The availability and use of manufacturing labor

The following manufacturing overhead cost categories are found in the accounting records:
   a.   Depreciation on buildings and equipment
   b.   Lubricants for machines
   c.   Property insurance
   d.   Supervisors salaries
   e.   Fringe benefits
   f.   Property taxes
   g.   Utilities

Required:
Assign each of the above costs to the most appropriate cost object.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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wrote...
9 years ago
Cost object #1: The physical buildings and equipment
a. Depreciation on buildings and equipment c. Property insurance
f. Property taxes
Cost object #2: The use of buildings and equipment
b. Lubricants for machines g. Utilities
Cost object #3: The availability and use of manufacturing labor
d. Supervisors’ salaries e. Fringe benefits
jerico Author
wrote...
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
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