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Problem 1 (Textbook Reference: P2-1)- Classify costs Total Block, Inc. is considering a new sunscreen packet that contains a skin wipe with sunscreen on it.
Problem 1 (Textbook Reference: P2-1)- Classify costs Total Block, Inc. is considering a new sunscreen packet that contains a skin wipe with sunscreen on it. These would be particularly useful for people who do not want to carry a bottle of sunscreen, according to Sunspot's marketing manager Classify the following costs of this new product as direct materials, direct labor, manufacturing overhead, selling. or administrative. Use the second column in the table provided below to classify costs. Problem 2 (Textbook Reference: P2-2)- Classify items as product or period costs Classify the costs listed in Problem 2 as either product costs or period costs. Use the third column in the table provided below Cost 2-1) Cost Classification P2-2) Product Cost or Period Cost a. President's salary b. Packages used to hold the skin Cleaning materials used to clean the skin wi Wages of workers who package the product Cost of advertising the product c. pe packages d. e. f. g. h. Cost of a market research survey i. Sales commissions paid as a j. Depreciation of administrative The salary of the supervisor of the worker who package the Cost accountant's salary (the accountant works in the fac cent of sales office building
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