Determine the amount of overhead assigned to the average residential job using traditional costing based on labor hours. $($Round

answer to $2$ decimal places, e$.$g$.12\mathrm{.}25.)$

Amount of overhead assigned $

Which one of the following is an example of a period cost?

Packaging materials for finished products

A change in benefits for the union workers who work in the New York factory of a Fortune $1000$ manufacturer.

Workers' compensation insurance on factory workers' wages allocated to the factory.

Payroll accountant's salary for work that is done in the corporate head office