91Ó°ÊÓ

Indicate whether each of the following costs of an airplane manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost: a. Controls for flight deck b. Aircraft engines c. Depreciation of welding equipment d. Welding machinery lubricants e. Salary of test pilot f. Steel used in landing gear g. Wages of assembly line worker h. Tires

Which of the following items are properly classified as part of factory overhead for Caterpillar? a. Factory supplies used in the Morganton, North Carolina, engine parts plant b. Amortization of patents on new assembly process c. Steel plate d. Vice president of finance's salary e. Sales incentive fees to dealers f. Depreciation on Peoria, Illinois, headquarters building g. Interest expense on debt h. Plant manager's salary at Aurora, Illinois, manufacturing plant i. Consultant fees for a study of production line employee productivity j. Property taxes on the Danville, Kentucky, tractor tread plant

The following information is available for the first month of operations of Zahorik Company, a manufacturer of mechanical pencils: \(\begin{array}{lr}\text { Sales } & \$ 360,000 \\ \text { Gross profit } & 210,000 \\ \text { Cost of goods manufactured } & 180,000 \\ \text { Indirect labor } & 78,000 \\ \text { Factory depreciation } & 12,000 \\\ \text { Materials purchased } & 111,000 \\ \text { Total manufacturing costs for the period } & 207,000 \\ \text { Materials inventory } & 15,000\end{array}\) Using the above information, determine the following missing amounts: a. Cost of goods sold b. Finished goods inventory c. Direct materials cost d. Direct labor cost e. Work in process inventory