George pic makes stationery. How would he classify the following costs?
Cost???????????????????????????????????????????????????? ???????? Production???????????????????? Administration???????????????????? ?Distribution
Purchases of plastic to make pens???
Managing director's bonus???
Depreciation of factory machinery???
Salaries of factory workers??
Insurance of sales team cars???
Cost??????????????????????????????????????????????? ???? ??Production??? ??? Administration????? ?????Distribution
Purchases of plastic to make pens??????????? 對
Managing director's bonus??????????????????????????????????????????????????? 對 ????????????????????
Depreciation of factory machinery????????????? 對
Salaries of factory workers???????????????????????? 對
Insurance of sales team cars????????????????????????????????????????????????????????????????????????????????? 對
多做幾道
Explain what is meant by standard costing
Explain what is meant by a standard cost
Describe four types of standard.
Explain what is meant by a standard hour.
Give five possible sources of information from which a standard materials price may be estimated.
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