Trak Corporation incurred the foowing costs while manufacturing its bicycles eic

Question

Trak Corporation incurred the foowing costs while manufacturing its bicycles eicycle component: Depretialien un plant LCO,000 Advtising experse 60.JUU ·huperty le.ses oen tulemi, 4000 7.50 Delivery AXpAGA Labor cccts ot ascmbly Inc 10,000 Sales commissions Saleries paid to sales clerks attary suppies user (ay Identity each af the ahave casts as rect materials, direct labcr, manufacturing overead, a perind costs. 50,000 Dopreclation on plant Pruperty laxes store Labor cazt of asmbly inc warkcrs Factory suies Advetiaing usel Delivery expense Saleries paid to sales derks

Explanation / Answer

(a)

Bicycle components Direct materials Depreciation on plant Manufacturing overhead Property taxes on store Period costs Labor costs of assembly-line workers Direct labor Factory supplies used Manufacturing overhead Advertising expense Period costs Property taxes on plant Manufacturing overhead Delivery expense Period costs Sales commissions Period costs Salaries paid to sales clerks Period costs

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