For the following identify if each object is a Product Cost (P), a General Selli
ID: 2475212 • Letter: F
Question
For the following identify if each object is a Product Cost (P), a General Selling and Administrative Cost (Period Cost) (G), or could be both (B) depending on the location
Rental of Sales Office _____ Direct Material _____
Factory Depreciation _____ Freight Out _____
Factory Supervision _____ Research & Dev. _____
Real Estate Taxes _____ Part-time workers _____
CEO’s Salary _____ Utilities _____
Machinery Depreciation _____ Maintenance _____
Direct Labor _____ Sales Commissions _____
Sales Salaries _____
Explanation / Answer
Rental of Sales Office G Direct Material B
Factory Depreciation P Freight Out G
Factory Supervision P Research & Dev. B
Real Estate Taxes P Part-time workers P
CEO’s Salary P Utilities P
Machinery Depreciation P Maintenance P
Direct Labor P Sales Commissions G
Sales Salaries G