ENV100Y5 Lecture : lecture
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Classify the following costsincurred in the manufacturing of cookie bars as either (a)Product Cost- Direct Materials, (b)Product Cost- Conversion, or (c) PeriodCost (5 points).
Cost Incurred in Manufacturing of Cookies | Classification | |
a. | Depreciation on Automated Wrapping Machine | |
b. | Cookie Dough | |
c. | Peanut Butter | |
d. | Plant ManagerΓ’ΒΒs Salary of $90,000 | |
e. | Overtime Pay of Production Workers | |
f. | Cost of Air Time for New Radio Advertising | |
g. | Salary of Plant Security Guard | |
h. | Salary of Company Controller | |
i. | Depreciation on Computers in Legal StaffOffice | |
j. | Manufacturing DepartmentΓ’ΒΒs Allocation of CafeteriaCosts |