Listed below are various costs related to a candy manufacturing company. Determine the amount of product and period costs. Chocolate used in candy bars 697,500 Packaging department employee wages 34,500 Insurance premiums on plant equipment 21,000 Fuel costs for traveling sales representatives 59,700 Foil wrappers for candy bar 25,800 Property taxes on corporate office 84,000 Salary of quality inspector 126,000 Soap and hand towels in factory restrooms 3,600 Depreciation on manufacturing facility 25,050 Salary of legal counsel 274,500 Plant security personnel 187,500 Utilities for storage warehouse 21,000 Production line supervisor salary 148.050 Sales commissions 82,350 Advertising 25,500
Listed below are various costs related to a candy manufacturing company. Determine the amount of product and period costs.
Chocolate used in candy bars 697,500
Packaging department employee wages 34,500
Insurance premiums on plant equipment 21,000
Fuel costs for traveling sales representatives 59,700
Foil wrappers for candy bar 25,800
Property taxes on corporate office 84,000
Salary of quality inspector 126,000
Soap and hand towels in factory restrooms 3,600
Salary of legal counsel 274,500
Plant security personnel 187,500
Utilities for storage warehouse 21,000
Production line supervisor salary 148.050
Sales commissions 82,350
Advertising 25,500
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