Question

Required
Indicate whether each of the following costs is a product cost or a period (selling and administrative) cost:
a. Goods purchased for resale.
b. Salaries of salespersons.
c. Advertising costs.
d. Transportation-out.
e. Interest on a note payable.
f. Salary of the company president.
g. Transportation-in.
h. Insurance on the office building.
i. Office supplies.
j. Costs incurred to improve the quality of goods available for sale.


$1.99
Sales2
Views68
Comments0
  • CreatedApril 20, 2015
  • Files Included
Post your question
5000