Period cost 1. Factory maintenance 2. Depreciation-Factory equipment 3. Rent on factory building 4. Interest expense 5. Office manager salary 6. Advertising 7. Production manager's salary 8. Administrative expenses Product cost 1. Wages paid to assembly workers 2. Indirect materials used in making goods 3. Factory maintenance 4. Depreciation-Factory equipment 5. Production manager's salary 6. Insurance on factory Direct labor Factory overhead Direct materials 1. Salary of manager who supervises the entire plant 2. Laces to hold football products together 3. Rubber core used to produce football products 4. Depreciation on equipment used to produce footballs 5. Depreciation (straight-line) on leather-cutting equipment Indirect cost Direct cost Primary Information Source Financial Business Decision 1. Determine whether to automate a production process 2. Determine whether to buy another company's stock 3. Report financial performance to board of directors 4. Report financial performance to investors 5. Determine whether to expand into a new market 6. Plan the budget for next quarter 7. Prepare a schedule of cost of goods manufactured 8. Measure profitability of an individual store Managerial Financial