Question

Categorize the following costs into product and direct material, product and direct labor, product and manufacturing...

Categorize the following costs into product and direct material, product and direct labor, product and manufacturing overhead, period and selling and marketing expense and period and general and admin expense.

      -       A.       B.       C.       D.       E.   

Wages of salespersons are
      -       A.       B.       C.       D.       E.   

Salaries of machine operators are
      -       A.       B.       C.       D.       E.   

Depreciation on factory equipment is a
      -       A.       B.       C.       D.       E.   

Insurance on factory equipment is a
      -       A.       B.       C.       D.       E.   

denim for manufacuring of jeans
      -       A.       B.       C.       D.       E.   

CEO's salary is a
      -       A.       B.       C.       D.       E.   

Factory janitors salary is a
      -       A.       B.       C.       D.       E.   

Property insurance on CEO office is a
A.

period and selling and marketing costs
B.

product and direct labor costs
C.

product and manufacturing overhead costs
D.

product and direct material costs
E.

period and General and Admininstrative costs
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Homework Answers

Answer #1
Costs Category Alphabet
Wages of salespersons are period and selling and marketing costs A
Salaries of machine operators are product and direct labor costs B
Depreciation on factory equipment is a product and manufacturing overhead costs C
Insurance on factory equipment is a product and manufacturing overhead costs C
denim for manufacturing of jeans product and direct material costs D
CEO's salary is a period and General and Administrative costs E
Factory janitors salary is a product and manufacturing overhead costs C
Property insurance on CEO office is a period and General and Administrative costs E

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