Indicate with a check mark whether each of the following would be a product cost or a period cost under an absorption or a variable system for BENGUET CORP. Absorption Product Variable Period Product Period Direct materials Direct labor a. b. Factory utilities Factory rent Indirect labor Factory supervisor salaries Factory maintenance (variable) C. d. е. f. g. h. Factory depreciation Sales salaries i. Sales commissions

Indicate with a check mark whether each of the following would be a product cost or a period cost under an absorption or a variable system for BENGUET CORP. Absorption Product Variable Period Product Period Direct materials Direct labor a. b. Factory utilities Factory rent Indirect labor Factory supervisor salaries Factory maintenance (variable) C. d. е. f. g. h. Factory depreciation Sales salaries i. Sales commissions

Name: Actual Costing - Classification of Costs under Variable and Absorptio
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Description: Actual Costing - Classification of Costs under Variable and Absorption Costing1.Indicate with a check mark whether each of the following would be a product cost or a period cost underan absorption or a variable system for BENGUET CORP.AbsorptionProd

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 16MC: Under variable costing, a unit of product includes which costs? direct material, direct labor, and...

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