Question: For a company making Athletic Shoes classify each as a product cost or a period cost, list the # and Product or Period. For each

For a company making Athletic Shoes classify each as a product cost or a period cost, list the # and Product or Period. For each item that is a product cost, also indicate whether it is a direct cost or an indirect cost (for Period you can leave blank).

For example if it is 10. Janitorial Labor - answer would be 10 Product Indirect.

Product or period cost? Direct or indirect cost?

1. Administrative salaries

2. Shoe Assembly Labor

3. Advertising

4. Property tax on the factory

5. Factory maintenance supplies

6. Rubber for soles of shoes

7. Depreciation on Office Equipment

8. Plant Manager Salary

9. Electricity for Production Machines

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