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E18-20 (booK/static) Question Help Wheels, Inc. manufactures wheels for bicyles, tricycles, and scooters. For each cost given below, determine if the cost is a product

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E18-20 (booK/static) Question Help Wheels, Inc. manufactures wheels for bicyles, tricycles, and scooters. For each cost given below, determine if the cost is a product cost or a period cost. If the cost a product cost, further determine if the cost is direct materials (DM), direct labor (DL), or manufacturing overhead (MOH) and then determine if the product cost is a prime cost, conversion cost, or both. If the cost is a period cost, further determine if the cost is a selling expense or administrative expense (Admin). Cost (a) is answered as a guide. (If an answer does not apply, leave the box blank.) Product Product Period Cost DM DL MOH Prime Conversion Selling Admin. a. Metal usod for rims b. c. Rent on factory d. Wages of assembly Sales salaries workers

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