QUIZ 2 : TOPIC 2 [MANUFACTURING COSTS:CONCEPTS & COMPONENTS]

When the company purchase an inventory, it is a (n) _______________

• costs

• expenses

When the company pay a monthly rental, it is a (n) _______________

• costs

• expenses

When the company pay RM1,500 for the premium insurance, it is a (n) _______________

• costs

• expenses

When the prepaid insurance expired because of time movement, it is a (n) _______________

• costs

• expenses

Costs of goods sold is an example of a (n) ___________

• costs

• expenses

Jang Electronics is a manufacturer of laptop computers intends to classify these costs and expenses :

'Property taxes on the factory building' is a ______________

• Direct materilas

• Direct labour

• Manufacturing overhead

• Period costs

Jang Electronics is a manufacturer of laptop computers intends to classify these costs and expenses :

'Production superintendent's salaries' is a ______________

• Direct materilas

• Direct labour

• Manufacturing overhead

• Period costs

Jang Electronics is a manufacturer of laptop computers intends to classify these costs and expenses :

'Memory boards and chips used in assembling computers' is a ______________

• Direct materilas

• Direct labour

• Manufacturing overhead

• Period costs

Jang Electronics is a manufacturer of laptop computers intends to classify these costs and expenses :

'Depreciation on the factory equipment' is a ______________

• Direct materilas

• Direct labour

• Manufacturing overhead

• Period costs

Jang Electronics is a manufacturer of laptop computers intends to classify these costs and expenses :

'Salaries for assembly-line quality control inspectors' is a ______________

• Direct materilas

• Direct labour

• Manufacturing overhead

• Period costs