Trak Corporation, which manufactures bicycles, incurred the following costs. Bicycle components $100,000 Advertising expense $45,000 Depreciation...
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Trak Corporation, which manufactures bicycles, incurred the following costs. Bicycle components $100,000 Advertising expense $45,000 Depreciation on factory 60,000 Property taxes on factory 14,000 Property taxes on retail store 7,500 Customer delivery expense 21,000 Labor costs of assembly-line workers 110,000 Sales commissions 35,000 Factory supplies used 13,000 Salaries paid to sales clerks 50,000 (a) Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs. Bicycle components Depreciation on factory Property taxes on retail store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes on factory Customer delivery expense Sales commissions Salaries paid to sales clerks > < > Trak Corporation, which manufactures bicycles, incurred the following costs. Bicycle components $100,000 Advertising expense $45,000 Depreciation on factory 60,000 Property taxes on factory 14,000 Property taxes on retail store 7,500 Customer delivery expense 21,000 Labor costs of assembly-line workers 110,000 Sales commissions 35,000 Factory supplies used 13,000 Salaries paid to sales clerks 50,000 (a) Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs. Bicycle components Depreciation on factory Property taxes on retail store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes on factory Customer delivery expense Sales commissions Salaries paid to sales clerks > < >
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