ACC-202-R3977 Managerial Accounting 22EW3

Milestone One – Cost Classification

Putting an X in the appropriate spot, classify the costs as: Direct Material, Direct Labor, Overhead, or Period Costs.
The Fixed and Variable cost classifications have been provided for you.

Don't use plagiarized sources. Get Your Custom Essay on
ACC-202-R3977 Managerial Accounting 22EW3
Just from $13/Page
Order Essay

Item/Cost “Direct
Material” “Direct
Labor” ”
Overhead” Period Costs Fixed Variable

Salary – Collar maker x
Salary – Leash maker x
Salary – Harness maker x
Salary – Receptionist
High-tensile strength nylon webbing x
Polyester/nylon ribbons x
Buckles made of cast hardware x
Depreciation on sewing machines x
Rent x
Utilities and insurance x
Scissors, thread, and cording x
Price tags x
Office supplies
ACC 202 Milestone One: Operational Costs Data Appendix

You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for sewing your products. After some research and planning, you have estimates for the various operating costs for your business.

The total square footage for the sewing rooms is 1,500 square feet broken into three areas (500 square feet each). You have taken out a loan for start-up costs, and the monthly payment is $550; it goes into effect immediately and should be accounted for in your costs. You will also collect a modest salary for the first year of $500 per month; remember to divide evenly among the services.

Salary and Hiring Data
One collar maker, who will be paid $16.00 per hour and work 40 hours per week
One leash maker, who will be paid $16.00 per hour and work 40 hours per week
One harness maker, who will be paid $17.00 per hour and work 40 hours per week
One receptionist, who will be paid $15.00 per hour and work 30 hours per week

Other Costs
Rent: $750 per month; allocate based on square footage
High-tensile strength nylon webbing—$12 per yard of webbing
3 collars per yard of webbing
2 leashes per yard of webbing
2 harnesses per yard of webbing
Polyester/nylon ribbons—$9 per yard of ribbon
3 collars per yard of ribbon
2 leashes per yard of ribbon
2 harnesses per yard of ribbon
Buckles made of cast hardware—$0.50 per buckle
4 buckles used per collar
3 buckles used per leash
8 buckles used per harness
3 industrial sewing machines at $3,300 each for a total of $9,900; depreciation is $165 per month (5-year life, zero salvage value)
Utilities and insurance: $600 per month; allocate based on square footage
Scissors, thread, cording: $1,200
Price tags: $250 for 2,500 ($0.10 each)
Office supplies: $2,400 or $200 per month
Other business equipment: $2,000
Loan payment of $550 per month
Salary drawn of $500 per month

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.
error: Content is protected !!
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code GOODESSAY

paket wisata banyuwangi minyak lintah nusa penida tour bromo ijen tour loker situbondo slot gacor slot5000 slot bonus 100 togel taiwan slot online bandar togel charcoal briquettes istanaimpian rajabandot kingdomtoto Key4d lotus4d olxtoto