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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Indicate whether each of the following costs is a product cost or a period cost. Assume it is for a manufacturer.

A.   ________   direct materials used in factory
B.   ________   factory utilities
C.   ________   salespersons' commissions
D.   ________   salary of plant manager
E.   ________   indirect materials used in factory
F.   ________   depreciation expense on store equipment
G.   ________   indirect labor incurred in factory
H.   ________   advertising expense
I.   ________   direct labor incurred in factory
J.   ________   factory machinery repairs and maintenance
K.   ________   depreciation expense on factory machinery
L.   ________   supplies used in store
M.   ________   plant insurance expired
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
Wow! Thank you
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