1. Complete the answer sheet below by placing an \"X\" under each heading that i
ID: 2408532 • Letter: 1
Question
1. Complete the answer sheet below by placing an "X" under each heading that identifies the cost involved. You should have two "Xs" for each cost (each row) – one identifying Cost Behavior (Variable or Fixed) and one indicating either Direct Materials, Direct Labor, Manufacturing Overhead, OR Period Cost. (5 Points)
Variable Cost
Fixed Cost
Direct Materials
Direct Labor
Manufactu
ring Overhead
Period Cost
(Selling or
Administrative)
Materials costs traceable to cost objects
Production Supervisor’s Salary
Production line workers’ wages
Factory Building depreciation
Advertising costs
Variable Cost
Fixed Cost
Direct Materials
Direct Labor
Manufactu
ring Overhead
Period Cost
(Selling or
Administrative)
Materials costs traceable to cost objects
Production Supervisor’s Salary
Production line workers’ wages
Factory Building depreciation
Advertising costs
Explanation / Answer
1. Materials costs traceable to cost objects - - - Variable Cost - - - Direct materials
2. Production supervisor's salary - - - Fixed cost - - - Period cost
3. Production line worker's wages - - - Variable Cost - - - Direct labor
4. Factory Building depreciation - - - Fixed cost - - - Manufacturing OH
5. Advertising costs - - - Fixed cost--- Period cost
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