Required Indicate whether each of the following costs should be classified as a product cost or as
Question:
Required
Indicate whether each of the following costs should be classified as a product cost or as a general, selling, and administrative cost.
a. The depreciation on the company treasurer’s computer.
b. The fabric used in making a customized sofa for a customer.
e. The salary of an engineer who maintains all manufacturing plant equipment.
1. Wages paid to workers in a manufacturing plant.
e. The salary of the receptionist working in the sales department.
f. Supplies used in the sales department.
g. Wanes of janitors who clean the factory floor.
h. The salary of the company president.
I. The salary of the cell phone manufacturing plant manager.
j. The depreciation on administrative buildings.
Step by Step Answer:
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old