Determine whether each of the following would be a product cost or a period cost under an absorption or a variable system for Carola's Company.

Direct materials

		Abostion costing - Product
		Absorption costing - Period
		Variable costing - Product
		Variable costing - Period

1. Direct Labor

   		Absorption Costing - Product
   		Absorption Costing - Period
   		Variable Costing - Product
   		Variable costing - Period

3 points

QUESTION 22

1. Factory rent

   		Absorption Costing - Product
   		Absorption Costing - Period
   		Variable Costing - Product
   		Variable costing - Period

3 points

QUESTION 23

1. Sales salaries

   		Absorption Costing - Product
   		Absorption Costing - Period
   		Variable Costing - Product
   		Variable costing - Period

3 points

QUESTION 24

1. Administrative expenses (fixed)

   		Absorption Costing - Product
   		Absorption Costing - Period
   		Variable Costing - Product
   		Variable costing - Period

3 points

QUESTION 25

1. Factory Supervisor Salary

   		Absorption Costing - Product
   		Absorption Costing - Period
   		Variable Costing - Product
   		Variable costing - Period

3 points

QUESTION 26

1. Indirect labor

   		Absorption Costing - Product
   		Absorption Costing - Period
   		Variable Costing - Product
   		Variable costing - Period