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Needing help thanks !! D. Classify costs as variable or fixed: product or period using finished drum sets as your cost object. Type of Cost

Needing help thanks !! image text in transcribed
D. Classify costs as variable or fixed: product or period using finished drum sets as your cost object. Type of Cost Variable FixedProduct Per 1. Plastic for casing 2. Wages of assembly workers 3. Property taxes on factory 4. Accounting staff salaries 5. Drum stands 6. Rent cost of equipment for sales staff 7. Upper management salaries 8. Annual flat fee for maintenance service 9. Sales commissions 10.Machinery depreciation, straight-line For this exercise, use finished bookshelves as your cost object. For type of cost determine if its direct or indirect and then determine if it's a product or period. For the product costs you won't just write an"X-you need to further determine if the cost is Direct Labor (DL), direct materials (DM) or would be put into overhead (OH). Put DL, DM, or OH in the Product column, if you determine the cost to be a product cost; if it's a period cost, just put an "X". Use "X's" in the direct/indirect columns. This one should be challenging, so marinate a little on it! E. Type of Cost Product Period Direct Indirect 1. Factory utilities 2. Advertising 3. Amortization of patents on factory machine 4. Office supplies used 5. State and federal income taxes 6. Bad debt expense 7. Small tools used 8. Payroll taxes for production supervisor 9. Accident insurance on factory workers 10. Depreciation- Factory building 11. Wages to assembly workers 12. Direct materials used (hint, hint

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