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Classify each of the following costs for Meyers Company as a selling or general and administrative period cost or as a direct or indirect product
Classify each of the following costs for Meyers Company as a selling or general and administrative period cost or as a direct or indirect product cost by entering the dollar amount(s) in the appropriate column(s): A. Paid $60,000 in wages for employees who assemble the company's products. B. Paid sales commissions of $63,000. C. Paid $24,000 in salaries for factory supervisors. D. Paid $92,000 in salaries for executives (president and vice presidents). E. Recorded depreciation cost of $35,000. $23,000 was depreciation on factory equipment and $12,000 was depreciation on the company headquarters building. F. Paid $6,000 for various supplies that it used in the factory (oil and materials used in machine maintenance). G. Used $11,000 in prepaid corporate liability insurance. + Period Cost Product Cost Item Selling expense General and administrative Direct cost Indirect cost expense A B C D E F G The Minos Company produces tablet computers. The following information is provided
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