Indicate for each of the following costs whether it is a product cost or a period cost.
Question:
Indicate for each of the following costs whether it is a product cost or a period cost.
1. Cost of grapes purchased by a winery.
2. Depreciation on pizza ovens in a pizza restaurant.
3. Cost of plant manager's salary in a computer production facility.
4. Wages of security personnel in a department store.
5. Cost of utilities in a manufacturing facility.
6. Wages of aircraft mechanics employed by an airline.
7. Wages of drill-press operators in a manufacturing plant.
8. Cost of food in a microwavable dinner.
9. Cost incurred by a department store chain to transport merchandise to its stores.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Managerial Accounting Creating Value In A Dynamic Business Environment
ISBN: 9780071113144
6th Edition
Authors: Ronald W Hilton
Question Posted: