1. Name the three inventory accounts for a manufacturing business.

2. Name the three types of costs in a manufacturing business.

3. Name the three types of manufacturing costs in a manufacturing business.

4. What is the difference between period costs and product cost? Explain and give one example of each type.

5. Identify each if the following costs for the manufacturer of televisions.

M = direct materials

L = direct labor

O = manufacturing overhead

S = selling cost

A = administrative cost

1. Salary for the Personnel Director for the company.

___2. Depreciation on the factory building.

3. Cost of sales commissions.

4. Insurance on the administration building.

5. Cost of labor to construct the televisions.

6. Utilities for the factory building.

7. Cost of the glass for the screens.

8. Cost of promotional displays.

____9. Delivery costs of the televisions sold to customers.

___10. Cost of the wires inside of the televisions.