Question: can i get this checked? are they all right? 1. Identify the following as either a product cost or a period cost, and 2. Select
can i get this checked? are they all right?1. Identify the following as either a product cost or a period cost, and 2. Select the appropriate product cost category, or select expense. Description Coconut flakes used in the cookies. Depreciation on the ovens. Wages for the bakery security guard. Salaries of the bakers who make the cookies. Insurance on the computers used in the accounting office. Electricity for the bakery. Heating for the corporate headquarters. Freight for shipping the cookies to customers. Salary of the baking supervisor. CEO Salary Wages for the bakery janitor Wages for the corporate headquarters janitor Flour for the cookies Packaging Materials for the cookies Cost Classification Product Product Product Product Period Product Period Period Product Period Product Period Product Product Category Direct materials (DM) Expense Expense Direct labor (DL) Expense Manufacturing overhead (MOH) Expense Expense Expense Expense Direct labor (DL) Expense Direct materials (DM) Expense
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
