Identify each of the preceding costs as either a product or a period cost. If the cost is a product cost, decide whether it is for direct materials (DM), direct labor (DL), or manufacturing overhead (MOH). (Select \"NA\" wherever necessary.) Factory rent Compnay advertising Wages paid to assembly worker Depreciation for salespersons\' vehicles Screws Utilities for factory Assembly supervisor\'s salary Sandpaper President\'s salary Plastic tubing Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters 2. Factory rent $3,190    Company advertising 1,010    Wages paid to assembly workers 30,800    Depreciation for salespersons Solution Answer :- .

1. Identify each of the preceding costs as either a product or a period cost. If the cost is a product
cost, decide whether it is for direct materials (DM), direct labor (DL), or manufacturing overhead
(MOH). (Select "NA" wherever necessary.)
Factory rent
Compnay advertising
Wages paid to assembly worker
Depreciation for salespersons' vehicles
Screws Utilities for factory
Assembly supervisor's salary
Sandpaper
President's salary
Plastic tubing
Paint
Sales commissions
Factory insurance
Depreciation on cutting machines
Wages paid to painters
2. Factory rent $3,190 Â Â Â Company advertising 1,010 Â Â Â Wages paid to assembly
workers 30,800 Â Â Â Depreciation for salespersons
Solution

2. Answer :-
Cost Type of cost
Factory rent Product cost (Manufacturing overhead)
Company advertising Period cost.
Wages paid to assembly worker Product cost (Direct Labor)
Depreciation for salesperson vehicles Period cost.
Screws Utilities for factory Product cost (Manufacturing overhead)
Assembly supervisor's salary Product cost (Manufacturing overhead)
Sandpaper Product cost (Direct material)
President's salary Period cost.
Plastic tubing Product cost (Direct material)
Paint Product cost (Direct material)
Sales commissions Period cost.
Factory insurance Product cost (Manufacturing overhead)
Depreciation on cutting machines Product cost (Manufacturing overhead)
Wages paid to painters Product cost (Direct labor)