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The following costs are incurred by Gonzalez Manufacturing Co. Classify each cost item as either a period cost or a product cost. If the cost

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The following costs are incurred by Gonzalez Manufacturing Co. Classify each cost item as either a period cost or a product cost. If the cost is a product cost, identify it as a prime and/or conversion cost. Place an x in the appropriate column for your answers. Download this file then "copy & paste" your answers in the Answer section below: Quiz 4 Question 7.docx Period Product Cost Prime Cost Conversion Cost Factory property taxes Payroll taxes for assembly labor Depreciation of factory equipment Insurance on delivery of vehicles Indirect materials used Wages of production workers Production supervisor's salary Adverstising Direct materials used Sales salaries

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