Question Details

Which of the following costs is an indirect product cost 



1.	Whichofthefollowingcostsincurredbyafurnituremanufacturerwouldbeaproductcost?
a.	officesalaries
b.	lumber
c.	commissionspaidtosalesstaff
d.	controller'ssalary

2.	Whichofthefollowingcostsisaproductcost?
a.	leasepaymentsoncarsusedbysalespersons
b.	president'ssalary
c.	propertytaxesonfactorybuilding
d.	depreciationonofficeequipment

3.	Whichofthefollowingcostsisaperiodcostforamanufacturingcompany?
a.	controller'ssalary
b.	wagesofmachineoperators
c.	insuranceonfactoryequipment
d.	fringebenefitsforfactoryemployees

4.	Inatraditionalmanufacturingcompany,productcostsinclude
a.	directmaterialsonly.
b.	directmaterials,directlabor,andfactoryoverhead.
c.	directmaterialsanddirectlaboronly.
d.	directlaboronly.
5.	Which of the following costs is an indirect product cost ?
a.	president'ssalary
b.	wagesofassemblyworkers
c.	materialsused
d.	propertytaxesonplantfacilities



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