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For each item shown below, classify it as a product cost or a period cost, by placing an X in the appropriate column. For each
For each item shown below, classify it as a product cost or a period cost, by placing an X in the appropriate column. For each item that is a product cost, also indicate whether it is a direct cost or an indirect cost with respect to a unit of finished product. Product of period cost? Period Direct or indirect cost? Direct Product Indirect Cost item Administrative salaries Direct labor tax on the factory Factory maintenance Depreciation on factory equipment 26 Assembly line instructions Question 1 Question 2 : Question 3 : Question 4 : Question 5 Extra Credit
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