question archive Cost Indentification Mr

Cost Indentification Mr

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Cost Indentification

Mr. John Black began his pottery manufacturing business serveral years ago.

The following costs occurred during 2016, please use the cost classification method to put them in to p

1) As the business owner, John's saary $5000 per month

2) Workshop Building rent, $2800 per month

3) Clay and glaze $2 per pottery

4)Wages of production worker, $12/pottery

5)    Advertising, $800 per month

6)    Sales commission, $10 / pottery

7)    Rent of production equipment, $300 /month

8)    Amortization of office copier machine $500

9)    Rent of sales office $500 per month

10) Phone for taking orders $40 per month

Interest lost on savings account, $1200 per year

 

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