Chapter 26 – Accounting for Manufacturing Activities
Chapter 26
Accounting for Manufacturing Activities
1. Raw Materials Used is not an element of manufacturing overhead.
2. The beginning and ending balances of the finished goods inventory are not used in the
computation of cost of goods manufactured.
3. Amounts paid to factory repair and maintenance employees are considered direct labor.
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21. All of the items that are purchased for manufacturing operations, that go into a product
and become part of it, are called ____________________ materials.
22. The salary paid to a factory supervisor would be classified as ____________________
labor.
23. All manufacturing costs except those for direct labor and direct materials are included in
manufacturing ___________________.
