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Below is a partial list of cost associated with CompanyX                                                                          

Required:                                                                                                      

Categorize each Cost as either: Direct material, Direct labor,Manufacturing overhead, or period cost.

Prepare a schedule for each costcategory.                                                                                                                                                                              

Cost

1.           Identifiable material used to Manufacture a product .  1,000,000

2.           Unidentifiable material used in the manufacture ofproduct                                                                                   500,000

3.           labor used to assemble aproduct                                                                                                                                   750,000

4.           labor used to clean the floor in a manufacturingplant                                                                                              50,000

5.           Labor to move product from point A to pointB                                                                                                          45,000

6.           Insurance on the productionequipment                                                                                                                        20,000

7.           Depreciation on the productionequipment                                                                                                                  100,000

8.           Security personnel for the productionfacility                                                                                                              30,000

9.           Chief executivesalary                                                                                                                                                         150,000

10.         Salary ofthe secretary to the productionmanager                                                                                                    30,000