Identify the Following Costs as (A) Direct Materials, (B) Direct

question 127

Essay

Identify the following costs as (a) direct materials, (b) direct labor, or (c) factory overhead for a cake manufacturer.
1. _____ Frosting
2. _____ Depreciation on oven
3. _____ Wages of bakers
4. _____ Sprinkles for topping

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Definitions:

Cost Report

A financial report that details the costs associated with a specific project or segment of a business.

Company's Strategy

An organization's plan for achieving its long-term goals and objectives, including its approach to growth and competition.

Tariffs

Taxes imposed by a government on imported goods to protect domestic industries, raise revenue, or both.

Global Transportation

The movement of goods and services across the globe, utilizing various modes of transportation to connect markets and supply chains.