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Requirement 2: For a manufacturing company, identify the following as either an inventoriable product cost or...

Requirement 2: For a manufacturing company, identify the following as either an inventoriable product cost or a period cost. If it is an inventoriable product cost, classify it as DM, DL, or MOH.

a. Depreciation on plant equipment

b. Depreciation on salespeople’s automobiles

c. Insurance on plant building

d. Marketing manager’s salary

e. Cost of major components of the finished product

f. Assembly-line workers’ wages

g. Costs of shipping finished products to customers

h. Forklift operator’s salary

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a. Depreciation on plant equipment Product Cost MOH Manufacturing Overhead
b. Depreciation on salespeople’s automobiles Period Cost
c. Insurance on plant building Product Cost MOH Manufacturing Overhead
d. Marketing manager’s salary Period Cost
e. Cost of major components of the finished product Product Cost DM Direct Material
f. Assembly-line workers’ wages Product Cost DL Direct Labor
g. Costs of shipping finished products to customers Period Cost
h. Forklift operator’s salary Product Cost MOH Manufacturing Overhead
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