Indicate whether each of the following costs should be classified as a product cost or as an sg& a cost in accordance with gaap: direct materials used in a manufacturing company. indirect materials used in a manufacturing company. salaries of employees working in the accounting department. commissions paid to sales staff. interest on the mortgage for the company’s corporate headquarters. indirect labor used to manufacture inventory. attorney’s fees paid to protect the company from frivolous lawsuits. research and development costs incurred to create new drugs for a pharmaceutical company. the cost of secretarial supplies used in a doctor’s office. depreciation on the office furniture of the company president.

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer