Examlex

Solved

Classify Each of the Following as Either a Direct Material

question 8

Short Answer

Classify each of the following as either a direct material (DM),indirect material (IM),or period cost (P).
a.Wood used to build custom bookshelves
b.Sandpaper,glue,and nails used to build customer bookshelves
c.Paper supplies used in the administrative offices
d.Computer chips used in computer
e.Cleaning supplies used in the factory


Definitions:

Communication

The exchange of information, ideas, or feelings between individuals or groups, often involving speech, writing, or other mediums.

Financial

Pertaining to money or finance, involving the management, investment, and study of money and financial systems.

Personal

Pertaining to or affecting a particular person rather than anyone else, often implying a private or intimate aspect.

Societal

Relating to or concerned with the structure, organization, and functioning of human society.

Related Questions