For a manufacturing company, identify the following as ether an inventori iable

Question

For a manufacturing company, identify the following as ether an inventori iable product cost or a period cost. If it is an inventoriable product cost Manufacturing overhead Manufacturing overhead classify it as direct materials, direct labor, or manufacturing overhead. (f the cost is a period cost leave the s a. Depreciation on plant equipment b. Depreciation on salespeoples' automobiles c. Insurance on plant building d. Marketing manager's salary e. Cost of major components of the finished product nventoriable product cost Drect materials f. Assembly-line workers' wages g. Costs of shipping finished products to customers h. Forklift operator's salary econd column blank) Inventoriable product cost Period cost Inventoriable product cost Period cost Inventoriable product cost Direct labor

Explanation / Answer

Depreciation on plant equipment Inventoriable product cost Manufacturing overhead Depreciation on salespeoples automobiles Period cost Insurance on plant building Inventoriable product cost Manufacturing overhead Marketing manager's salary Period cost Cost of major components of finished product Inventoriable product cost Direct materials Assembly line workers' wages Inventoriable product cost Direct labor Costs of shipping finished products to customers Period cost Forklift operator's salary Inventoriable product cost Manufacturing overhead

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