E$10-4$ Classifying costs as product or period costs

Obj. $2$

For apparel manufacturer Ann Taylos, inc, classify each of the following costs as either a product cost or a period cost:

a$.$ Advertising expenses

b$.$ Corporate controller's salary

c$.$ Depreciation on office equipment

d$.$ Depreciation on sewing machines

c$.$ Fabric used during production

f$.$ Factory janitorial supplies

g$.$ Factory supervisors' salaries

h$.$ Property taxes on factory building and equipment

i$.$ Oil used to lubricate sewing machines

i$.$ Repairs and maintenance costs for sewing machines

k$.$ Research and development costs

Salaries of distribution center personnel

m$.$ Salary of production quality control supervisor

n$.$ Sales commissions

o$.$ Utility costs for office building

p$.$ Travel costs of salespersons

q$.$ Wages of sewing machine operators