Acc 2120 Exam 1

The cost of the memory chips used in a radar set.
product cost
Factory heating costs.
product cost
Factory equipment maintenance costs.
product cost
Training costs for new administrative employees.
period cost
The cost of the solder that is used in assembling the radar sets.
product cost
The travel costs of the company’s salespersons.
period cost
Wages and salaries of factory security personnel.
product cost
The cost of air-conditioning executive offices.
period cost
Wages and salaries in the department that handles billing customers.
period cost
Depreciation on the equipment in the fitness room used by factory workers.
product cost
Telephone expenses incurred by factory management.
product cost
The costs of shipping completed radar sets to customers.
period cost
The wages of the workers who assemble the radar sets.
product cost
The president’s salary.
period cost
Health insurance premiums for factory personnel.
product cost
The wages of employees who build the sailboats.
Direct labor cost
The cost of advertising in the local newspapers.
Marketing and selling cost
The cost of an aluminum mast installed in a sailboat.
Direct materials cost
The wages of the assembly shop’s supervisor.
Manufacturing overhead cost
Rent on the boathouse.
Manufacturing overhead cost
Marketing and selling cost
Administrative cost
The wages of the company’s bookkeeper.
Administrative cost
Sales commissions paid to the company’s salespeople.
Marketing and selling cost
Depreciation on power tools.
Manufacturing overhead cost