problem 18-2B is the question i need! thanks!
OBJ. 2 k. Paper used by Computer Department in processing various managerial reports 1. Cost of telephone operators for a toll-free hotline to help customers operate products P. Packing supplies for products sold. These supplies are a very small portion of the PR 18-2B Classifying costs The following is a list of costs incurred by several businesses: a. Factory operating supplies. b. Wages of company controller's secretary. c. Entertainment expenses for sales representatives. 12 d. Paper used by commercial printer. e. Hard drives for a microcomputer manufacturer. f. Lumber used by furniture manufacturer. g. Salary of quality control supervisor. h. Hourly wages of warehouse laborers. i. Sales commissions. j. Cost of hogs for meat processor. m. Protective glasses for factory machine operators. n. Maintenance and repair costs for factory equipment. o. Costs of operating a research laboratory. total cost of the product. q. Depreciation of factory equipment. 865 Chapter 18 Managerial Accounting Concepts and Principles 1. First-aid supplies for factory workers, s. Seed for grain farmer, t. Health insurance premiums paid for factory workers. u. Wages of a machine operator on the production line. v. Tires for an automobile manufacturer w. Executive bonus for vice president of marketing. x. Costs for television advertisement Instructions Classify each of the preceding costs as a product cost or period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost is a selling expense or an administrative ex- pense. Use the following tabular headings for preparing your answer. Place an "X" in the appropriate column. Period Costs Direct Materials Cost Product Costs Direct Labor Cost Factory Overhead Cost Selling Expense Administrative Expense Cost