Question

1. Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

   Match each of the following costs with the appropriate classification.

   Clear All
   Cotton for a textile manufacturer of blue jeans Bandages for the emergency room of a hospital Cost of company holiday party Electricity used to operate factory machinery State unemployment compensation taxes for factory workers		Period cost - selling expense Product cost - direct materials Period cost - administrative expense Product cost - factory overhead Product cost - direct labor

Answer 1

Solution: Materials Requirement : Match each of the following costs with the appropriate classification Answer correct Classification 1. Cotton for a textile manufacturer - Product cost-direct of blue Jeans 2. Bandages for the е emergency → Product cast - dient room of a hospital Materials 3. Cost of company holiday party Period last- administrative expense 4. Electricity used to operate factay machinery Querhead 5. State unemployment s Product Cost - Direct Labor compensation taxes for factory morkers → Product Last-Factory