Identify the following costs whether they are included in production costs or non-production costs or period costs MenuPaste1X Cut2 3 4 15 15 17 18 19 20 21Copy - FormatPainterF716ACalibri27182 Timber acquisition costs3 board acquisition cost4 The cost of acquiring sandpaper5 Wages for bed workers67 Mattress acquisition costsBU-ABCost object: BedSalary for production supervisor8Bed shipping costs9Cost of acquiring nails10 Salary for production manager11 Factory electricity payments12 Cost of wood glueQ fxCBERIAL24Home4InsertA APage LayoutProduction costs Non-production(direct materials, costsdirect labor, (marketing,overhead) administration)Direct Materialshu

The question asked to classify the cost items. We need to classify the cost into production, and,…

1 Cost object: Bed 2 Timber acquisition costs 3 board acquisition cost 4 5 6 The cost of acquiring sandpaper Wages for bed workers Salary for production supervisor 7 Mattress acquisition costs 8 Bed shipping costs 9 Cost of acquiring nails 10 Salary for production manager 11 Factory electricity payments 12 Cost of wood glue 13 Production costs Non-production (direct materials, costs direct labor, overhead) Direct Materials (marketing, administration)

1 Cost object: Bed 2 Timber acquisition costs 3 board acquisition cost 4 5 6 The cost of acquiring sandpaper Wages for bed workers Salary for production supervisor 7 Mattress acquisition costs 8 Bed shipping costs 9 Cost of acquiring nails 10 Salary for production manager 11 Factory electricity payments 12 Cost of wood glue 13 Production costs Non-production (direct materials, costs direct labor, overhead) Direct Materials (marketing, administration)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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