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1. Is the cost of sugar in PEZ candies a product or a period cost? How about the wrappers that the candy is packaged in?
1. Is the cost of sugar in PEZ candies a product or a period cost? How about the wrappers that the candy is packaged in? 2. Is the cost of quality control testing in the manufacturing process for PEZ candies a product or a period cost? 3. Is the cost of the labor to make PEZ candy in the factory a product or a period cost? What about the cost of the benefits (i.e., health care, payroll taxes, vacation pay) for those workers? 4. Is the cost of staffing the PEZ Visitor Center a product or a period cost? What about the cost of the benefits (i.e., health care, payroll taxes, vacation pay) for those workers who work in the Visitors Center? 5. Assume that PEZ purchased the touch-screen PEZ trivia game from a custom video game developer. Is the cost of that game a product or a period cost? What about the costs of maintaining and updating the software and hardware for the game? 6. Is food cost for a birthday party in the PEZ Visitor Center a product or a period cost? What about the cost of the items included in the goodie bags
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