Classify each of the following costs as either a product cost or a period cost for a manufacturer. 1. Office supplies us
Posted: Sun Jun 05, 2022 5:01 pm
Classify each of the following costs as either a product cost or a period cost for a manufacturer. 1. Office supplies used. Period cost Period cost 2. Factory utilities. 3. Rent on office building. Period cost 4. Factory insurance. Period cost 5. Sales commissions. Period cost 6. Depreciation on factory equipment. Product cost 7. Depreciation on office equipment. Period cost 8. Indirect labor used in making goods Period cost