Business, 04.06.2021 03:30 exoticbunnylover123

Trak Corporation incurred the following costs while manufacturing its bicycles. Bicycle components $100,000 Advertising expense $45,000
Depreciation on plant 60,000 Property taxes on plant 14,000
Property taxes on store 7,500 Delivery expense 21,000
Labor costs of assembly-line workers 110,000 Sales commissions 35,000
Factory supplies used 13,000 Salaries paid to sales clerks 50,000
(a) Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs.
Bicycle components
Trak Corporation incurred the following costs whil Direct LaborPeriod CostsDirect MaterialsManufacturing Overhead
Depreciation on plant
Trak Corporation incurred the following costs whil Direct MaterialsPeriod CostsManufacturing OverheadDirect Labor
Property taxes on store
Trak Corporation incurred the following costs whil Direct MaterialsManufacturing OverheadPeriod CostsDirect Labor
Labor costs of assembly-line workers
Trak Corporation incurred the following costs whil Direct MaterialsManufacturing OverheadDirect LaborPeriod Costs
Factory supplies used
Trak Corporation incurred the following costs whil Period CostsManufacturing OverheadDirect MaterialsDirect Labor
Advertising expense
Trak Corporation incurred the following costs whil Manufacturing OverheadDirect LaborPeriod CostsDirect Materials
Property taxes on plant
Trak Corporation incurred the following costs whil Manufacturing OverheadDirect LaborPeriod CostsDirect Materials
Delivery expense
Trak Corporation incurred the following costs whil Direct MaterialsPeriod CostsManufacturing OverheadDirect Labor
Sales commissions
Trak Corporation incurred the following costs whil Manufacturing OverheadPeriod CostsDirect LaborDirect Materials

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Trak Corporation incurred the following costs while manufacturing its bicycles. Bicycle components...

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