Question No 1 (5 Marks) Payne Manufacturing Company incurs the following manufacturing costs and expenses during the month of June.

Question No 1 (5 Marks) Payne Manufacturing Company incurs the following manufacturing costs and expenses during the month of June. a. Assembly line wages Depreciation on factory equipment b. Raw materials used directly in h. Factory utilities product c. Depreciation on office equipment i. Wages for factory maintenance workers d. Property taxes on factory building j. Advertising e. Rent on factory building f. Sales commissions Instructions: Complete the following matrix by placing an X mark under the appropriate headings. Cost Item Direct Direct Manufactur Materials Labour ing Period Overhead Costs a b. C. d. e. f. g. h. i. j