Classify each cost as direct materials (DM), direct labor (DL)
or manufacturing overhead (MOH) for Colgate Toothpaste:

Utility bill for the manufacturing
plant                     
DM          DL
          MOH

Wages of production line workers
                               
DM          DL
          
MOH

Toothpaste
ingredients                                                       
DM          DL
          MOH

List three examples of manufacturing overhead costs:

Define the following terms:

Product cost –

Period cost –

Given the following information, solve for Cost of Goods
Sold (COGS). Note: You will not use all of the
accounts listed below.

Raw Materials Inventory, January 1,
2016                                
$14,500

Raw Materials Inventory, December 31,
2016                        
$16,000

Work in Process Inventory, January 1,
2016                            
$30,000

Work in Process Inventory, December
31,
2016                   
$24,000

Finished Goods Inventory, January 1,
2016                             
$10,000

Finished Goods Inventory, December 31,
2016                     
$12,000

Cost of Goods
Manufactured                                                             
$140,000

Answer the questions below to describe the flow of costs in a
Job Order Costing system.

What three categories are increased when manufacturing costs are
accumulated?

What account is increased to assign manufacturing costs to a
Job?

What account is increased when transferring the cost of a
completed job?

What account is increased when a completed job is sold?