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QS 14-4 Classifying product and period costs C2 safeithe Classify each of the following costs at either a product cost or a period cost

QS 14-4 Classifying product and period costs C2 safeithe Classify each of the following costs at either a product cost or a period cost for a manufacturer. 1. Factory insurance. 2. Sales commissions. 3. Depreciation on factory equipment. 4. Depreciation on office equipment. 5. Rent on factory building. 6. Tax accountant salary. 7. Office manager salary. 8. Indirect labor in making goods.

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