Ask Question
BusinessBusiness
6 June, 17:32

Which of the following should not be included in direct materials costs? Group of answer choices Incoming freight charges. Materials handling costs. Delivery charges on shipments to customers. Invoice costs of direct materials. Materials storage costs.

+2
Answers (1)
  1. 6 June, 17:37
    0
    Delivery charges on shipments to customers.

    Explanation:

    The direct materials cost include the costs of acquiring, managing, storing and preparing the materials used during the production process. Therefore, incoming freight charges, materials handling costs, invoice costs of direct materials and materials storage costs could all be included. On the other hand, delivery charges on shipments to customers are costs related to the finished product and not to the materials and should not be included in direct materials cost.

    The answer is Delivery charges on shipments to customers.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following should not be included in direct materials costs? Group of answer choices Incoming freight charges. Materials ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The following information is from the Income Statement of the Cheyenne Laundry Service: Revenues Service Revenues $5720 Expenses Salaries and wages expense $ 2160 Advertising expense 440 Rent expense 260 Supplies expense 180 Insurance expense 90
Answers (1)
E10-7 Preparing Journal Entries to Record Issuance of Bonds and Payment of Interest [LO 10-3] On January 1, Applied Technologies Corporation (ATC) issued $500,000 in bonds that mature in 10 years. The bonds have a stated interest rate of 10 percent.
Answers (1)
The circular flow model examines interactions between which sectors of the economy? Check all that apply. private government business tech households
Answers (2)
The following table shows the average nominal interest rates on six-month treasury bills between 1971 and 1975, which determined the nominal interest rate that the u. s. government paid when it issued debt in those years.
Answers (1)
The Miller Company earned $103,000 of revenue on account during Year 1. There was no beginning balance in the accounts receivable and allowance accounts. During Year 1, Miller collected $72,000 of cash from its receivables accounts.
Answers (1)
New Questions in Business
Montana Company was authorized to issue 200,000 shares of common stock. The company had issued 50,000 shares of stock when it purchased 10,000 shares of treasury stock.
Answers (1)
The following items caused the only differences between pretax financial income and taxable income. 1.
Answers (1)
Which of the following characteristics would lead the auditor to assess control risk at a higher level? a. It is difficult for the auditor to determine or gain access to the organization or individuals who own and/or control the entity. b.
Answers (1)
The reason for the Fed being set up as an independent agency of government is to:
Answers (1)
Headings in reports that describe the content of the section and may even give a conclusion about the section are called:
Answers (1)
Home » Business » Which of the following should not be included in direct materials costs? Group of answer choices Incoming freight charges. Materials handling costs. Delivery charges on shipments to customers. Invoice costs of direct materials.
Sign Up Forgot Password?