Indicate Whether Each of the Following Is a Product Cost

question 72

Essay

Indicate whether each of the following is a product cost or a period cost:
(a)Electricity for lighting a factory building.
(b)Costs of delivering finished bicycles to dealers.
(c)Cost of a store detective in a retail establishment.
(d)Cost of eggs in a bakery.
(e)Cost of chocolate to a candy manufacturer.
(f)Salary of injection molding machine operator in a plastics factory.
(g)Salary of a sewing machine operator in a clothing factory.
(h)Depreciation of a freezer in an ice cream plant.

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Definitions:

Bearish Signal

An indication in financial markets suggesting that the price of an asset may decline.

Bullish Signal

An indicator that suggests an asset’s price is likely to rise. These signals are perceived through various forms of market analysis, including technical indicators and trends.

Relative Strength

A measure of the performance of a stock or financial asset compared to a market index or other stocks over a certain period.

Indicator

A statistic or measure that signals the condition or direction of the economy or financial markets.