ACC 1220: Exam 1 Review 1. Classifying Costs in a Manufacturing Company. Classify the following costs as Product or Period costs for a company that makes wood furniture (desks, chairs, [+ tables, etc.) Cost Product or Period? 1. Wood 2. Wages paid to workers who assemble the furniture 3. Wages paid to the office receptionist 4. Factory utilities 5. Wages paid to factory maintenance workers 6. Advertising 7. Office rent 8. Depreciation on production machines. Classify the following costs as Direct or Indirect for a Wood Desk made by the furniture company. Also, classify the costs as Direct Materials, Direct Labor or Overhead Direct or Direct Materials, Direct Cost Indirect? Labor or Overhead? 1. Wood 2. Wages paid to workers who assemble the furniture 3. Factory utilities 4. Wages paid to factory maintenance workers 5. Depreciation on production machines. 6. Decorative hardware (handles) 7. Salaries paid to factory supervisors 8. Wages paid to workers who stain the furniture 2. Determining the Cost of a Job using a Predetermined Overhead Rate. nglish (United States) 12 Accessibility: Good to go Focus E 3 FEB 9 tv 4 D MacBook Air 20 Q O DII F3 F4 F5 F6 F7 F8