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Lucas Manufacturing Has Three Cost Objects That It Uses to Accumulate

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Essay

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 \begin{array}{ll}\text { Cost object } \# 1: & \text { The physical buildings and equipment } \\\text { Cost object } \# 2: & \text { The use of buildings and equipment } \\\text { Cost object } \# 3: & \text { The availability and use of manufacturing labor }\end{array} 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:

MOV Instruction

An instruction used in programming that moves data from one location to another within a device or between devices.

Memory Location

A memory location is a specific address within a computer's memory where data is stored and can be accessed.

ADD Instruction

A basic programming command used to add numerical values together and store the result.

EQU Instruction

The EQU Instruction is used in programming to evaluate the equality of two values, typically within assembly language or programming environments for microcontrollers.

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