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This section i got wrong, can someone help me identify what i got wrong? Cost Classification Charles has provided some of the costs he expects
This section i got wrong, can someone help me identify what i got wrong?
Cost Classification
Charles has provided some of the costs he expects to incur as follows. Decide on the classifications that could be applied to each of these costs using the table provided. The cost object in each case is the cheesecake.
(Select "Yes" or "No" from the below dropdowns.)
Cost | Product Cost | Period Cost | Direct Materials | Direct Labor | Factory Overhead | Selling Expense | Administrative Expense | Direct Cost | Indirect Cost | Prime Cost | Conversion Cost |
Eggs used to make cheesecakes | Yes | No | Yes | No | No | No | No | Yes | No | Yes | No |
Bakers wages | Yes | No | No | Yes | No | No | No | Yes | No | Yes | Yes |
Delivery driver wages | No | Yes | No | No | No | Yes | No | No | No | No | No |
Depreciation of office computers | No | Yes | No | No | No | No | Yes | No | No | No | No |
Power to run the cheesecake ovens | Yes | No | No | No | Yes | No | No | No | Yes | No | Yes |
Presidents salary | No | Yes | No | No | No | No | Yes | No | No | No | No |
Sales commissions | No | Yes | No | No | No | Yes | No | No | No | No | No |
Factory supervisor salary | Yes | No | No | No | Yes | No | No | No | Yes | No | Yes |
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