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6. The wages of a timekeeper in the factory would be classified as a. a period cost b. direct labor c. indirect labor. d. compliance

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6. The wages of a timekeeper in the factory would be classified as a. a period cost b. direct labor c. indirect labor. d. compliance costs 7. Which of the following are period costs? a. Raw materials b. Direct materials and direct labor c. Direct labor and manufacturing overhead d. Selling expenses 8. Dolan Company's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory $310,000 300,000 190,000 $260,000 160,000 150,000 During 2017, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. If Dolan Company's cost of goods manufactured for 2017 amounted to $1,890,000, its cost of goods sold for the year is a. $2,000,000. b. $1,750,000 c. $1,850.000. d. $1,930,000. 9. Benson Inc's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory $80,000 104,000 100,000 64,000 116,000 92,000 During 2017, Benson purchased $1,450,000 of raw materials, incurred direct labor costs of $250,000, and incurred manufacturing overhead totaling $160,000. (Continued)

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