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QUESTION 2: Identify the right answer for the following statements. 1. Delivery cost of a product the customer is: Factory overhead cost Period cost

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QUESTION 2: Identify the right answer for the following statements. 1. Delivery cost of a product the customer is: Factory overhead cost Period cost (sales) Period cost (administration) . Product cost (sales) Please (V) the right answer 2. Which of the followings is an example of direct labour cost? Labour wage cost of a worker who works at a warehouse. Labour wage cost of a worker who works in the production line. Labour wage cost of a worker who works in a main office. Labour wage cost of a worker who do cleaning works in the factory. 3. Which of the followings is a factory overhead cost? Supervisor wage cost who works in the production line. Labour wage cost who works in the production line. Direct material cost. Advertising cost. 4. Utility expense is a cost of Period cost Factory overhead cost Product cost It depends on which part of the utility cost is involved 5. Selling and administration cost is: A cost reported in statement of profit or loss and other comprehensive income. A part of factory overhead cost. A product cost. Normally larger than production cost.

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