Quiz: Ch 16 Qulz his Question: 3 pts Classify each cost of a paper manufacturer

Question

Quiz: Ch 16 Qulz his Question: 3 pts Classify each cost of a paper manufacturer as either a product cost or a period cost: a. Salaries of scientiests studying ways to speed forest growth. b. Cost of computer software to tract WIP Inventory c. Cost of electricity at the paper mil. d. Salaries of the company's top executives. e. Cost of chemicals to treat the paper f. Cost of TV ads. g. Depreciation on the manufacturing plant. h. Cost to purchase wood pulp L Life insurance on the CEO Choose from any drop-down list and then continue to the next question MacB esc FI F2 aU F

Explanation / Answer

a Period cost b Product cost c Product cost d Period cost e Product cost f Period cost g Product cost h Product cost i Period cost

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