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  3. for the following thirteen (13) items, place an "x

For the following thirteen (13) items, place an "X" in the appropriate column to indicate...

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Accounting

For the following thirteen (13) items, place an "X" in the appropriate column to indicate whether the cost is a product cost (specify which type of product cost: direct materials, direct labor or manufacturing overhead) or period cost and then whether the cost is Variable or Fixed. (Hint: each line should have two "X"s)

Product Cost Period Cost Variable or Fixed
Direct Materials Direct Labor Manufacturing Overhead Variable Fixed
1 Advertising
2 Assembly department employee wages
3 CEO's salary
4 Cost of shipping goods to customers
5 Depreciation on assembly plant
6 Depreciation on executive building
7 Factory maintenance supplies
8 Glass used in automobiles
9 Plant manager's salary
10 Property taxes on assembly plant
11 Salary of marketing executive
12 Steel used in automobiles
13 Tires installed on automobiles

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