Period and Product cost for Accounting?

Accounting- Manufacturing overhead, product cost, and period cost?

• Can someone please check my work and tell me if I labeled each one correctly for my accounting 212 study guide? Factory utilities-product cost Depreciation on factory equipment-manufacturing overheard Depreciation on delivery trucks-manuf overhead Indirect factory labor-manufacturing overhead Indirect materials-manufacturing overhead Direct materials used- product cost Factory manager's salary-period cost

• Answer:

  Factory utilities which cannot be identified with finished products should be classified as Manufacturing overhead. Depreciation on delivery trucks used for delivering finished products to customers should be classified as a Selling & Distribution overhead. Factory Manager's salary (though is a period cost) is a Manufacturing overhead. A. Rajagopalan