Ask Question
16 January, 08:19

Classify the following costs as either a product cost or a period cost:

(A) Direct materials used

(B) Factory utilities

(C) Salespersons' commissions

(D) Salary of plant manager

(E) Indirect materials used

(F) Depreciation on store equipment

(G) Indirect labor incurred

(H) Advertising expense

(I) Direct labor incurred

(J) Factory machinery repairs and maintenance

(K) Depreciation on factory machinery

(L) Plant insurance expired

+5
Answers (1)
  1. 16 January, 08:26
    0
    Product Cost:

    (A) Direct materials used

    (I) Direct labor incurred

    Period cost:

    (B) Factory utilities

    (C) Salespersons' commissions

    (D) Salary of plant manager

    (E) Indirect materials used

    (F) Depreciation on store equipment

    (G) Indirect labor incurred

    (H) Advertising expense

    (J) Factory machinery repairs and maintenance

    (K) Depreciation on factory machinery

    (L) Plant insurance expired
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Classify the following costs as either a product cost or a period cost: (A) Direct materials used (B) Factory utilities (C) Salespersons' ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers