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 对
Managing director's bonus 对
Depreciation of factory machinery 对
Salaries of factory workers 对
Insurance of sales team cars 对
多做几道
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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