Indicate whether each of the following costs for moped manufacturer is a product or a period cost, a variable or a fixed cost, a value-adding or a non value-adding cost, and, if it is a product cost, a direct or an indirect cost of the moped. Please explain why.
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Item:
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Product or Period:
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Variable or Fixed:
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Value-Adding or Non-Value Adding:
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Direct or Indirect:
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Office Rent
Labor to assemble moped
Labor to inspect moped
Accountants Salary
Lubricant for brakes
Note: I know office rent and accountant salary cannot be directly or indirectly to a cost object, as they are not product costs. |
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