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ABC Company manufactures recreational vehicles and incurred the following costs during the current year. ...

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Question

Accounting

ABC Company manufactures recreational vehicles and incurred the following costs during the current year.

Required: Classify each cost using the table format given below:

Product Cost

Period Cost

Direct

Materials

Direct

Labor

Overhead

Selling

Expense

Administrative

Expense

1.

Repairs to office equipment

2.

Repair to painting machine

3.

Advertising on television

4.

Accounting staff wages

5.

Commissions to sales people

6.

Utilities on plant

7.

Wages to assembly workers

8.

Property taxes on office

9.

Presidents salary

10.

Wages of plant supervisors

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