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Author Question: Ethan Allen Interiors, Inc. is a leading manufacturer and retailer of furniture and home decorating ... (Read 47 times)

Triley39

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Question 1

Classify the following costs as product or period costs by placing an "X" in the appropriate columns.




Question 2

Ethan Allen Interiors, Inc. is a leading manufacturer and retailer of furniture and home decorating accessories. Classify the following costs by placing an "X" in the appropriate columns.

Product Cost
Direct MaterialDirect LaborOverhead
Varnish used to stain wood tables
Batting used to pad chair seats
Wages of employees who stain furniture
Salary of security guard at furniture factory
Metal bedrails for kid's bunk beds
Electricity to operate factory
Lubricant used on door hinges of armoire
Wood used to make bed slats
Salary of glass etcher making designs on tables
Legs used on dining tables
Depreciation on factory machinery


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Marked as best answer by Triley39 on Feb 5, 2023

xinyifff

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Triley39

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Reply 2 on: Feb 5, 2023
Excellent


DylanD1323

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Reply 3 on: Yesterday
:D TYSM

 

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