Business, 24.01.2020 23:31 dillon100097

Classify each of the following costs as a period cost or an inventoriable product cost. if you classify the cost as an inventoriable product cost, further classify it as direct material (dm), direct labor (dl), or manufacturing overhead(moh).

a.

▼

period

product - dl

product - dm

product - moh

standard packaging materials used to package individual units of product for sale (for example, cereal boxes in which the cereal is packaged)

b.

▼

period

product - dl

product - dm

product - moh

lease payment on administrative headquarters
c.

▼

period

product - dl

product - dm

product - moh

telephone bills relating to the customer service call center
d.

▼

period

product - dl

product - dm

product - moh

property insurance- 40% of building is used for sales and administration
▼

period

product - dl

product - dm

product - moh

property insurance- 60% of building is used for manufacturing
e.

▼

period

product - dl

product - dm

product - moh

wages and benefits paid to assembly-line workers in the manufacturing plant

Answers: 3

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Classify each of the following costs as a period cost or an inventoriable product cost. if you class...

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