Q1. Which of the following accounts would be a period cost rather than a production cost?

A. Depreciation of manufacturing machinery

B. Maintenance on factory machines

C. The plant managers salary

D. Direct labor

E. Freight Out

Q2. The beginning Finished Goods Inventory plus the cost of goods manufactured equals

A. Ending Finished goods inventory

B. Cost of goods sold for the period

C. Total work in process during the period

D. total cost of goods manufactured for the period

E. cost of goods available for sale for the period