Which of the following costs would not be considered a period cost? Salary of Vice President of Technology at an automobile manufacturing company Salary of Vice President of Marketing at a consumer electronics retailer O Salary of Plant Maintenance Supervisor at a textile manufacturer Salary of the Chief Operating Officer at a textile manufacturer All of the above would be considered period costs Which of the following is an example of a product cost at a factory that manufactures paper for commercial and retail customers? Research and development costs related to new paper products Legal costs (e.g., environmental regulation litigation) Sales commissions expense Depreciation on paper machines None of the above are examples of product costs Last year, RedHawk Co. incurred the following costs: Direct materials $50,000 Direct labor $105,000 Manufacturing $130,000 overhead Sales $3.50 per unit commisions Fixed selling $75,000 expense Fixed administative $136,000 expense RedHawk produced 20,000 units and sold 10,000 units at a selling price of $45 per unit. Cost of goods sold last year for RedHawk Co. was: $142,500 O $285,000 $217,500 $75,000 None of the above AMC Inc. produces a single product, the HODL, which is a cubic zirconia encrusted glove. The following unit cost data for the most recently completed period is as follows: Direct materials $15 per unit Direct labor $6 per unit Manufacturing $14 per unit overhead In this period, AMC produced 2,500 units and sold 2,000 units of its product at a selling price of $60 per unit. Assume there was no beginning inventory. Total selling and administrative costs were $30,000, What was AMC's gross margin for the period? $120,000 O $70,000 $50,000 $20,000 None of the above