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Classify each of the following costs as either a product cost or a period cost for a manufacturer. 1. Depreciation on factory equipment. 2. Depreciation
Classify each of the following costs as either a product cost or a period cost for a manufacturer. 1. Depreciation on factory equipment. 2. Depreciation on office equipment. 3. Indirect labor used in making goods. 4. Tax accountant salary. 5. Office manager salary. 6. Wages paid to assembly line workers, 7. Factory manager's salary. 8. Advertising. The following partial job cost sheet is for a job lot of 3,000 units completed. Customer's Nane Date March 8 March 11 Huddits Company Direct Materials Requisition Cost #55 $ 45,150 #56 29,210. 1. What is the total cost of this job lot? 2. What is the total cost per unit completed? 1. The total cost of this job lot 2. Cost per unit completed JOB COST SHEET Quantity 3,000 Direct Labor Time Ticket Cost #1 to 10 $ 61,400 Date March 8 160% of Direct Labor Cost Job Number Overhead Rate 202 Cost $ 98,240 per unit
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