Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a...
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Tesla, a vehicle manufacturer, incurs the following costs. (1) Classify each cost as either a product or a period cost. If a product cost, identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no cell blank if there is no effect select "NA - Not a product cost") Period of Product Direct material, Direct labor, or Factory Overhead Prime or Conversion Director Indirect ce Cost by Traceability 1. Factory electrichy 2 Advertising 3. Amortization of patents on factory machine 4. Batteries for electric cars 5. Office supplies used 6. Wages to assembly workers
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