Question

determine period or product cost

Commissions to sales representatives Period Cost Payroll department salaries Select One Maintenance of factory equipment Select One VP of Manufacturing salary Select One Accounting department office supplies Select One Factory rent Select One Factory utilities Select One Wages of assembly line workers Select One Factory janitorial services Select One Factory supplies Select One Leather for bicycle seats Select One Depreciation of office equipment Select One Warehouse insurance Select One Tires Select One Advertising expense Select One

if a product cost which type direct labor, direct materials, or factory overhead

Answer 1

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Solution: VP Answers are highlighted in yellow: Naming convention of product cost is not available can be slightly different: Answer: Commission Period cost Payroll Period cost Maintenance Product cost - Factory overhead Product cost - Factory overhead Accounting department Period cost Factory rent Product cost - Factory overhead Factory utilities Product cost - Factory overhead Wages of assembly line workers Product cost - Direct labor Factory janitorial services Product cost - Factory overhead Factory supplies Product cost - Factory overhead Leather for bicycle seats Product cost - Direct Material Depreciation of office equipment Period cost warehouse insurance Product cost - Factory overhead Tires Product cost - Direct Material Advertising expense Period cost