Short Answer
Indicate whether each of the following costs is a product cost or a period cost. Assume 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
Correct Answer:

Verified
A)product
B)product
C)period
D...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
B)product
C)period
D...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q7: All costs contain both a fixed and
Q26: ABC Company makes wooden furniture. Identify each
Q90: London Plastics has monthly fixed costs of
Q134: Direct materials for a company were $500,000;manufacturing
Q178: Place the value chain elements in the
Q188: London Plastics sells a product for $15.00
Q251: Sneider Family Orange Groves processes a variety
Q253: Indirect materials and indirect labor are _
Q253: Rustic Living Furniture Company manufactures furniture at
Q266: North Pacific Company used $65,000 of direct