Stoney Saure, Votives, Inc.’s accountant, must group the costs
January 14th, 2018
elements of Manufacturing Costsse2.ConCept▶ Stoney Saure, Votives, Inc.’s accountant, must group the costs of manufacturing tealights. Indicate whether each of the following items should be clas- sified as direct materials (DM), direct labor (DL), overhead (O), or none of these (N). Also indicate whether each is a prime cost (PC), a conversion cost (CC), or neither (N). (Hint:More than one answer per category may apply.)a. Cost of waxb. Depreciation of the cost of vats to hold melted waxc. Cost of Gigi’s time to dip the wicks into the waxd. Rent on the factory where candles are madee. Cost of coloring for candlesf. Steve’s commission to sell candles to Brightlights, Inc.g. Cost of Ramos’s time to design candles for Halloween