Question
Identify each expense as a product or period cost Identify each expense as a fixed or variable Expense Period Product Variable Fixed Administrative Salaries Advertising
- Identify each expense as a product or period cost
- Identify each expense as a fixed or variable
| Expense | Period | Product | Variable | Fixed |
| Administrative Salaries |
|
|
|
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| Advertising exp |
|
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|
|
| Depreciation factory bldg |
|
|
|
|
| Depreciation Factory equip |
|
|
|
|
| Depreciation Office Equip |
|
|
|
|
| Direct Labour Cost |
|
|
|
|
| Insurance on Factory |
|
|
|
|
| R&M on factory |
|
|
|
|
| Sales Salaries |
|
|
|
|
| Taxes on Factory |
|
|
|
|
| Travel & Entertainment Exp |
|
|
|
|
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
1259536351, 978-1259536359
