PROBLEM 1Identifying product versus general, selling, and administrative costs

Required

Indicate whether each of the following costs should be classified as a product cost(PC)or as a general, selling, and administrative cost(GS&A).

1. __PC____Direct materials used in a manufacturing company.
2. __PC____Overhead used in a manufacturing company.
3. _GSA_____Salaries of administrative assistants.
4. _GSA_____Paid utilities to Administration Department.
5. _GSA_____The purchases of a school supply store.
6. _GSA_____Research and development costs incurred to create new product.
7. __PC____Wages of Production Department.
8. __GSA____Cost of manager supplies used in a retail office.
9. _GSA_____Depreciation of the office furniture.
10. __PC____Depreciation of manufactured equipment.

i WOULD LIKE TO SEE IF MY ANSWER ARE CORRECT.