Problem

Product Costs and Period CostsIndicate for each of the following costs whether it is a pro...

Product Costs and Period Costs

Indicate for each of the following costs whether it is a product cost or a period cost.

1. Wages of aircraft mechanics employed by an airline.

2. Wages of drill-press operators in a manufacturing plant.

3. Cost of food in a microwavable dinner.

4. Cost incurred by a department store chain to transport merchandise to its stores.

5. Cost of grapes purchased by a winery.

6. Depreciation on pizza ovens in a pizza restaurant.

7. Cost of plant manager in a computer production facility.

8.Wages of security personnel in a department store.

9.Cost of utilities in a manufacturing facility.

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