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Tesla, a vehicle manufacturer, Incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost. identify
Tesla, a vehicle manufacturer, Incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost. identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no cell blank if there is no effect select "NA - Not a product cost".) Cost by Traceability Period or Product Direct or indirect Direct material, Direct labor, Prime or Conversion or Factory Overhead NA - Not a product cost Prime Overhead Period Direct Product 1. Property taxes 2 Batteries for electric cars 3. Wages to assembly workers 4. Factory water usago 5. Rent on factory building 6. Steering wheels used in cars
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