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Onxy Onxy
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7 years ago
Carpenter Products Company manufactures office furniture. Recently, the company decided to develop a formal cost accounting system and classify all costs into three categories.
Categorize each of the following items as being appropriate for (1) cost tracing to the finished furniture, (2) cost allocation of an indirect manufacturing cost to the finished furniture, or (3) as a nonmanufacturing item.

Item   Cost   Cost   Nonmanu-
   Tracing   Allocation   facturing
Carpenter wages   ________   ________   ________
Depreciation — office building   ________   ________   ________
Glue for assembly   ________   ________   ________
Lathe-department supervisor   ________   ________   ________
Lathe depreciation   ________   ________   ________
Lathe maintenance   ________   ________   ________
Lathe operator wages   ________   ________   ________
Lumber   ________   ________   ________
Samples for trade shows   ________   ________   ________
Metal brackets for drawers   ________   ________   ________
Factory washroom supplies   ________   ________   ________
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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noitulovenoitulove
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7 years ago
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Onxy Author
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6 years ago
Exactly what I neede
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