Cost Classification

Valentina Company incurred the following costs last year:

Costs Amounts

Direct materials $$217,000$

Factory rent $25,000$

Direct labor $121,000$

Factory utilities $6,300$

Supervision in the factory $51,000$

Indirect labor in the factory $30,000$

Depreciation on factory equipment $7,300$

Sales commissions $31,000$

Sales salaries $63,000$

Advertising $33,000$

Depreciation on the headquarters building $9,800$

Salary of the corporate receptionist $31,000$

Other administrative costs $162,000$

Salary of the factory receptionist $28,000$

Required:

Question Content Area

$1.$ Classify each of the costs using the table provided. Be sure to total the amounts in each column. If an amount box does not require an entry, leave it blank. Direct materials is shown as an example.

Valentina Company

Costs Product Cost:

Direct Materials Product Cost:

Direct Labor Product Cost:

Manufacturing Overhead Period Cost:

Selling Expense Period Cost:

Administrative Expense

Direct materials $$217,000$ $fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_1$

$fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_2$

$fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_3$

$fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_4$

Factory rent fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_5$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_6$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_7$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_8$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_9$

Direct labor fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_10$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_11$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_12$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_13$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_14$

Factory utilities fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_15$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_16$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_17$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_18$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_19$

Supervision in the factory fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_20$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_21$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_22$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_23$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_24$

Indirect labor in the factory fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_25$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_26$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_27$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_28$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_29$

Depreciation on factory equipment fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_30$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_31$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_32$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_33$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_34$

Sales commissions fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_35$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_36$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_37$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_38$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_39$

Sales salaries fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_40$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_41$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_42$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_43$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_44$

Advertising fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_45$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_46$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_47$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_48$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_49$

Depreciation on the headquarters building fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_50$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_51$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_52$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_53$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_54$

Salary of the corporate receptionist fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_55$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_56$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_57$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_58$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_59$

Other administrative costs fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_60$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_61$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_62$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_63$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_64$

Salary of the factory receptionist fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_65$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_66$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_67$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_68$

fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_69$

Total $fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_70$

$fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_71$

$fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_72$

$fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_73$

$fill in the blank e$8$c$68$f$015$f$8$b$04$f$\_74$

Question Content Area

$2.$ What was the total product cost for last year?

The total product cost is fill in the blank $1$ of $1$$

$.$

$3.$ What was the total period cost for last year?

The total period cost is fill in the blank $1$ of $1$$

$.$

$4.$ If $30,000$ units were produced last year, what was the unit product cost? Round your answer to two decimal places.

The unit product cost is fill in the blank $1$ of $1$$

$.$

Question Content Area

$5.$ Refer to the four data analytic types described in Exhibit $2\mathrm{.}2$ on p$.39.$ Briefly explain how Valentina's accounting team could use either the product