Question

Question No-1 Ryan Corporation incurred the following costs while manufacturing its product Materials used in product $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 Required: a) Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs.​

Answer 1

Answer:

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