Awesome Adventures,which Manufactures Water Craft,incurred the Following Costs During the Current

Essay

Awesome Adventures,which manufactures water craft,incurred the following costs during the current year.
Required: Classify each cost using the table format given below: $\begin{array}{|l|c|c|c|c|c|}\hline&\text { Froduct Cost }&&\text { Period Cost }\\\hline &\begin{array}{c}\text { Direct } \\\text { Materials }\end{array} & \begin{array}{c}\text { Direct } \\\text { Labour }\end{array} & \text { Overhead } & \begin{array}{c}\text { Selling } \\\text { Expense }\end{array} & \begin{array}{c}\text { Administrative } \\\text { Expense }\end{array} \\\hline \text { 1. Wages of administrative office employees}& \\\hline \text {2. Cost of engines }& \\\hline \text {3. Factory supervisor's salary }& \\\hline \text {4. Conference for marketing personnel }& \\\hline \text { 5. Factory security guards}& \\\hline \text {6. Research and development }& \\\hline \text { 7. Assembly line workers}& \\\hline \text {8. Head-office receptionist}& \\\hline \text { 9. Advertising cost}& \\\hline \text {10. Cost of shipping to customers }& \\\hline \end{array}$