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CHAPTER 10 Homework Names: Classity each of the following costs for Harrison Company as a selling or general and administrative period cost or as a
CHAPTER 10 Homework Names: Classity each of the following costs for Harrison Company as a selling or general and administrative period cost or as a direct on indirect product cast by entering the dollar amounts) is the appropriate columns): A. Paid $75,000 in wages for employees who assemble the company's products. 1 Paid sales commissions of $58,000 C. Paid $38,000 in salaries for Factory supervisors. D. Paid SR8,000 in salaries for executives (prusident and vice presidents). E. Recorded depreciation cost of 525,000 $13,000 was depreciation on factory cquipment and $12,000 was depreciation on the T 1 | In F. Paid S4,000 for various supplies that it used in the factory (oil and materials used in machine maintenance). G. Usd S10,000 in prepaid corporate liability insurance. Period Cost Product Cost Item Selling expense General and administrative Direct cost Indirect cost expense Total The Giga Company produces tablet computers. The following information is provided: a) Materials ved $216.000 b) Advertise $40.000 c) Insuxe, factory $20,000 d) Adistrative salaries $50.000 e) Property taxes, factory $12.000 f) Utilies, adatathe building $22.000 Factory by $80.000 h) Sales C SSIONS $56.000 1) Factory supervisor's salary $60.000 3) Rech and development $18.000 1) Depreciation factory $12.000 1) Deprecate, office $8.000 m) Indirect waterials $14.000 Classify each of the company's costs as a period cost (general, selling, and administrative cost) or as a direct or indirect product cost. Enter the dollar amount of the cost in the approprinte column. After entering all amounts, calculate the total general, selling, and administrative cast, the total direct product cost, and the total indirect product onst
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