Whippany Manufacturing Wants to Estimate Costs for Each Product They

question 141

Essay

Whippany manufacturing wants to estimate costs for each product they produce at its Troy plant.The Troy plant produces three products at this plant,and runs two flexible assembly lines.Each assembly line can produce all three products.
Required:
a.Classify each of the following costs as either direct or indirect for each product.
b.Classify each of the following costs as either fixed or variable with respect to the number of units produced of each product.
$\begin{array} { l }&\text { Direct}&\text { Indirect}&\text { Fixed}&\text { Variable }\\ \text {Assembly line labor wages }&\_\_\_\_ &\_\_\_\_ &\_\_\_\_ &\_\_\_\_ \\ \text {Plant manager's wages }&\_\_\_\_ &\_\_\_\_&\_\_\_\_ &\_\_\_\_ \\ \text {Depreciation on the assembly }\\ \text { line equipment}&\_\_\_\_ &\_\_\_\_&\_\_\_\_ &\_\_\_\_ \\ \text {Component parts for the product }&\_\_\_\_ &\_\_\_\_ &\_\_\_\_ &\_\_\_\_ \\ \text {Wages of security personnel for the }\\ \text {factory }&\_\_\_\_ &\_\_\_\_ &\_\_\_\_ &\_\_\_\_ \\\end{array}$

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Definitions:

Permissive-Indulgent

A parenting style characterized by high responsiveness but low demandingness, often leading to children who lack self-discipline and self-control.

Mature Behavior

Actions and responses that exhibit emotional regulation, responsibility, and informed decision-making, typically associated with adults.

Preoperational Children

Refers to a stage in Piaget's theory of cognitive development where children aged 2-7 years think symbolically but are not yet able to perform operations (logical use of symbols).

Vantage Point

A place or position from which something is observed or considered, often figuratively describing one's unique perspective or standpoint on an issue.