Match Each of the Following Costs with the Appropriate Classification

question 13

Short Answer

Match each of the following costs with the appropriate classification (a-e).​
-Telephone cable for a telephone company
A)Product cost - direct materials
B)Product cost - direct labor
C)Product cost - factory overhead
D)Period cost - selling expense
E)Period cost - administrative expense

• A)Product cost - direct materials
• B)Product cost - direct labor
• C)Product cost - factory overhead
• D)Period cost - selling expense
• E)Period cost - administrative expense

Comprehend the significance and requirements of formal writing, including term paper and business document styles.

Grasp the concept of proofreading and its critical role in removing typographical errors from written documents.

Understand the importance of the revision process in refining ideas and improving the quality of writing.

Recognize the value of specific word choice in conveying precise meanings and enhancing the impact of communication.

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Definitions:

Return on Assets

A financial ratio indicating the profitability of a company relative to its total assets, measuring how efficiently assets generate profits.

Fixed Asset Turnover

A financial ratio that measures how efficiently a company uses its fixed assets to generate sales.

Du Pont Identity

A financial formula that breaks down return on equity into three component parts: profit margin, asset turnover, and financial leverage.

Return on Equity

A profitability ratio that highlights the level of profit a company achieves with the capital invested by shareholders.