Examlex

Solved

A Manufacturing Company Has Identified Several Costs

question 79

Essay

A manufacturing company has identified several costs.Indicate whether each of the following costs is an Inventoriable cost(I)or a Period cost(P):
________ 1.depreciation on factory equipment
________ 2.depreciation on treasurer's desk
________ 3.direct materials
________ 4.factory supplies
________ 5.indirect labor
________ 6.repairs expensefactory
________ 7.office supplies
________ 8.advertising expense
________ 9.depreciation on office equipment
________10.direct labor
________11.factory supervisor's salary
________12.factory utilities
________13.indirect materials
________14.officer salaries
________15.sales commissions


Definitions:

Direct Distribution

A distribution strategy where manufacturers sell their products directly to consumers, bypassing intermediaries.

Brand Insistence

Brand Insistence is the degree to which a consumer strongly prefers a specific brand over all other brands, regardless of price or convenience.

Brand Recognition

The extent to which a consumer can correctly identify a particular product or service just by viewing the product's logo, packaging, or advertising.

Brand Awareness

The degree to which consumers are familiar with the distinctive qualities or image of a particular brand of goods or services.

Related Questions