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30 December, 12:20

Identify each cost as a period cost or a product cost. If it is a product cost, further indicate if the cost is direct materials, direct labor, or manufacturing overhead. Then, determine if the product cost is a prime cost and/or a conversion cost.

Wages of assembly line workers

Wages of the office receptionist

Property taxes on the factory

Sugar and flour used to make cookies

Salary of the factory maintenance supervisor

Salary of the sales manager

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  1. 30 December, 12:56
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    1. Wages of assembly line workers - Product cost - Direct labor - Prime and conversion

    2. Wages of the office receptionist - Period cost

    3. Property taxes on the factory - Product cost - Manufacturing overhead - Conversion

    4. Sugar and flour used to make cookies - Product cost - Direct materials - Prime

    5. Salary of the factory maintenance supervisor - Product cost - Manufacturing overhead - Conversion

    6. Salary of the sales manager - Period cost
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