Identify Whether Each of the Following Is Classified as a Product

question 169

Essay

Identify whether each of the following is classified as a product cost or a period cost.
______________ 1. Direct labor
______________ 2. Direct materials
______________ 3. Factory utilities
______________ 4. Repairs to office equipment
______________ 5. Property taxes on factory building
______________ 6. Sales salaries

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Definitions:

Idiopathic Cryoglobulinemia

A disorder where abnormal proteins in the blood thicken in cold temperatures, possibly leading to blockage of blood vessels.

Nezelof's Syndrome

A rare immunodeficiency disorder characterized by a decreased function of the thymus gland, leading to low immunity and vulnerability to infections.

Idiopathic Aplastic Anemia

A rare, life-threatening disorder where the bone marrow fails to produce sufficient new cells to replenish blood cells, with unknown cause.

Weakness

A lack of strength or energy in the body or a specific part of the body, making physical activities more difficult.