Waugh Products Company Has Three Cost Objects That It Uses

question 96

Essay

Waugh Products Company 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 labour
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.
_____________________________________________________________________________________________
_____________________________________________________________________________________________

---

Definitions:

Cultural Normalization

The process through which certain practices, beliefs, or standards become accepted and integrated into everyday life, becoming seen as the norm within a culture.

Different Races

Various human populations distinguished by shared physical or social qualities into categories generally viewed as distinct within a society.

Feminist Counseling

An approach to therapy that considers the social, cultural, and political context contributing to a client’s problems, emphasizing gender equality and empowerment.

Empathic

Being empathic means having the ability to understand and share the feelings of another, an essential quality in many therapeutic and interpersonal relationships.