Manufacturing/Nonmanufacturing
Type of Cost
1
Manufacturing
Direct materials cost
2
Nonmanufacturing
Selling cost
3
Manufacturing
Direct labor cost
4
Nonmanufacturing
Selling cost
5
Manufacturing
Mfg. overhead cost
6
Nonmanufacturing
Administrative cost
Manufacturing
Mfg. overhead cost
Type of Cost
Product/Period Cost
1
Selling cost
Period cost
2
Mfg. overhead cost
Product cost
3
Mfg. overhead cost
Product cost
4
Selling cost
Period cost
5
Mfg. overhead cost
Product cost
6
Mfg. overhead cost
Product cost
7
Mfg. overhead cost
Product cost
8
Selling cost
Period cost
9
Selling cost
Period cost
10
Mfg. overhead cost
Product cost
11
Mfg. overhead cost
Product cost
12
Administrative cost
Period cost
13
Administrative cost
Period cost
14
Selling cost
Period cost
15
Selling cost
Period cost
7
8
2
Sales revenue ($30 × 20,000 units)
$600,000
3
(-) Cost of goods sold
4
Nonmanufacturing
5
Manufacturing
Mfg. overhead cost
6
Nonmanufacturing
Administrative cost
Manufacturing
Mfg. overhead cost
Direct labor cost
Selling cost
7
8