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IDENTIFY IF THE FOLLOWING ITEMS ARE PRODUCT COSTS (DIRECT MATERIALS, DIRECT LABOR, OR FACTORY OVERHEAD) OR PERIOD COSTS (ADMINISTRATIVE OR SELLING) NOTE: USE THE LETTER
IDENTIFY IF THE FOLLOWING ITEMS ARE PRODUCT COSTS (DIRECT MATERIALS, DIRECT | |||||||||
LABOR, OR FACTORY OVERHEAD) OR PERIOD COSTS (ADMINISTRATIVE OR SELLING) | |||||||||
NOTE: USE THE LETTER OF EACH ITEM IN THE ANSWER GRID. DO NOT USE "X"s FOR EVERY | |||||||||
ANSWER. | |||||||||
PRODUCT COSTS: | PERIOD COSTS: | ||||||||
D/M: | D/L: | O/H: | ADMIN: | SELLING: | |||||
A | ADVERTISING IN NATIONAL PUBLICATION | ||||||||
B | SALARY OF ACCOUNTING MANAGER | ||||||||
C | FIBERGLASS USED IN MAKING CARS | ||||||||
D | SALARY OF PLANT MAINTENANCE MANAGER | ||||||||
E | SALARY OF COMPUTER GAME DESIGNER | ||||||||
F | RECEPTIONIST SALARY | ||||||||
G | MASKS USED BY PAINTING DEPT EMPLOYEES | ||||||||
H | BOLTS USED IN MANUFACTURING BICYCLES | ||||||||
I | QUALITY CONTROL INSPECTOR SALARY | ||||||||
J | COMMISSIONS PAID TO SALES PEOPLE | ||||||||
K | TIRES USED IN MANUFACTURE OF DRAG RACER | ||||||||
L | SCREWS USED IN MANUFACTURE OF GLASSES | ||||||||
M | SALARY OF ASSEMBLY LINE WORKERS | ||||||||
N | SALARY OF PLANT MANAGER | ||||||||
O | TABLES IN EMPLOYEE LUNCH ROOM | ||||||||
P | OIL USED TO LUBRICATE PRINTING PRESS | ||||||||
Q | SALARY OF PRINTING PRESS OPERATOR | ||||||||
R | PAPER USED TO PRINT BOOKS | ||||||||
S | GLUE USED AS BINDING FOR BOOKS | ||||||||
T | COST OF PAVING EMPLOYEE PARKING LOT | ||||||||
U | REAL ESTATE TAXES ON MANUFACTURING PLANT | ||||||||
V | REAL ESTATE TAXES ON CORPORATE HEADQUARTERS | ||||||||
W | DECALS USED ON NASCAR CARS | ||||||||
X | COST OF CODEINE USED IN COUGH MEDICINE | ||||||||
Y | COST OF LUG NUTS USED IN AUTO MANUFACTURING | ||||||||
Z | COST OF PAINT USED IN AUTO MANUFACTURING |
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