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being either variable or fixed with respect to the number of units produced and sold. Also classify each cost as Classify each cost as either a period or a product cost Predicting Cost Behavior Preparing Financial Statements Cost Item 1 Hamburger buns in a Wendy's restaurant. 2.JAdvertising by a dental office. 3. Apples processed and canned by Dei Monte. 4. Shipping canned apples from a Del Monte plant to customers 5 Insurance on a Bausch & Lomb factory producing contact lenses 6 Insurance on IBM's corporate headquarters Salary of a supervisor overseeing production of printers at Hewlett- 7 Packard 8 Commissions paid to automobile salespersons 9 Depreciation of factory lunchroom facilities at a General Electric plant. 10. Steering wheels installed in BMWS Period cost Product cost 1 of 3 Next>