Match Each of the Following Costs with the Appropriate Classification

question 160

Short Answer

Match each of the following costs with the appropriate classification (a-e).​
-Cotton for a textile manufacturer of blue jeans
A)Product cost - direct materials
B)Product cost - direct labor
C)Product cost - factory overhead
D)Period cost - selling expense
E)Period cost - administrative expense

• A)Product cost - direct materials
• B)Product cost - direct labor
• C)Product cost - factory overhead
• D)Period cost - selling expense
• E)Period cost - administrative expense

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Definitions:

Clockwise

Moving in the direction of the hands of a clock; typically rightward from the top.

Responding Verbally

Involves the use of spoken words or language to express or convey a reaction or answer to a stimulus.

Mnemonic Method

A technique used to improve memory by associating new information with known patterns, images, phrases, or ideas.

Visualizing

The process of forming mental visual images.