Materials that are an integral part of the manufactured productare classified as (direct materials, materials inventory)
An example of factory overhead is (plant depreciation, salesoffice depreciation)
Direct labor costs combined with factory overhead costs arecalled (product, conversion) costs.
Implementing automatic factory robotics equipment normally(increases, decreases) the factory overhead component of productcosts.
The wages of an assembly worker are normally considered a(period, product) cost.
Payments of cash or its equivalent or the commitment to paycash in the future for the purpose of generating revenues are(costs, expenses).
Advertising expenses are usually viewed as (period, product)costs.
The balance sheet of a manufacturer would include an accountfor (cost of goods sold, work in process inventory).