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Georgia Pacific, a manufacturer, incurs the following costs. () Classify each cost as elther a product or a perlod cost. If a product cost identify
Georgia Pacific, a manufacturer, incurs the following costs. () Classify each cost as elther a product or a perlod cost. If a product cost identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as elther a direct cost or an Indirect cost using the product as the cost object. (Leave no cell blank f there is no effect select "NA - Not a product cost".) Direct material, Direct labor, or Factory Prime or Conversion 34)1. Factory utilities 2. Advertising 3. Amortization of patents on factory machine 4. State and federal income taxes 5. Office supplies used 6. Insurance on factory building 7. Wages to assembly workers
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