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:

Public Concern

Issues that affect the general population or specific groups within society, often drawing widespread attention and requiring government action.

Data Security

The practice of protecting digital information from unauthorized access, corruption, or theft throughout its lifecycle.

News Coverage

News Coverage is the reporting, commentary, and analysis of current events by the media, helping to inform the public about societal happenings.

Widespread Availability

Widespread availability denotes the extensive and readily accessible presence of resources, products, or services to a broad audience or geographical area.