Each of the following costs pertains to DairyPlains, a dairy processing company.

Each of the following costs pertains to DairyPlains, a dairy processing company.


Asked by 6 months ago
365.9k points

Each of the following costs pertains to DairyPlains, a dairy processing company. Classify each of the company's costs as a period cost or an inventoriable product cost. Further classify inventoriable product costs as either direct material (DM), direct labor (DL), or manufacturing overhead (MOH).

Each of
JasonJones

1 Answer

Answered by 6 months ago
365.9k points

Product - DM Cost of milk purchased from local dairy farmers

Period Depreciation on Marketing Department's computers

Product - MOH Property tax on dairy processing plant

Period Gasoline used to operate refrigerated trucks delivering finished dairy products to grocery stores

Period Company president's annual bonus

Product - MOH Depreciation on refrigerated trucks used to collect raw milk from local dairy farmers

Product - DM Plastic gallon containers in which milk is packaged

Period Research and development on improving milk pasteurization process

Period Television advertisements for DairyP|ains' products

Product - MOH Lubricants used in running bottling machines

Product - DL Wages and salaries paid to machine operators at dairy processing plant

Your Answer

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Asked: 6 months ago

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