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Trak Corporation incurred the following costs while manufacturing its bicycles. Question 1 Trak Corporation incurred the following costs while manufacturing its bicycles Bicycle components Depreciation
Trak Corporation incurred the following costs while manufacturing its bicycles.
Question 1 Trak Corporation incurred the following costs while manufacturing its bicycles Bicycle components Depreciation on plant Property taxes on store Labor costs of assembly-line $100,000 Advertising expense $45,000 14,000 21,000 35,000 60,000 Property taxes on plant 7,500 Delivery expense 110,000 Sales commissions workers 13 Salaries paid to sales Factory supplies used 13,000 50,000 clerks Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs. Bicycle components Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerksStep by Step Solution
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