WebTAXABLE. In the state of North Carolina, the mill machinery and any mill machinery parts and accessories are considered to be exempt from the sales and use tax. However, it can be subject to the privilege tax at rate of 1% of the original sales price, with a maximum of 80 dollars for each article. Webb. opportunity cost. c. period cost. d. product cost. Property taxes on a company's factory building would be classified as a(n): A) product cost. B) opportunity cost. C) period cost. D) variable cost. Classify the following cost incurred by an apparel company as either a product cost or a period cost: Property taxes on factory building and ...
Is property taxes on a factory a product or period cost?
WebApr 15, 2024 · On average, expect to pay between $50-$150 per window panel. Larger or specialty treatments may cost up to $300 each. If you opt for a motorized system that includes control automation, battery-operated motors, and some type of remote controller (Smartphone app often), the costs will be significantly higher. WebFeb 3, 2024 · The factory comprises three separate production floors, each with its own floor manager. The total yearly costs for each floor manager are $50,000. Therefore, the total factory overhead costs related to the factory's management amounts to $228,000. devils racecourse shelter
Product Costs versus Period Costs — Practice Questions
WebApr 13, 2024 · Plus, thanks to its low noise levels and minimal vibrations, the PowerShades TruePoE is perfect for any part of the house – even bedrooms where peace and quiet are essential. 8. Soma Smart Shades 2. The Soma Smart Shades 2 is an automated window shade system that offers convenience, control, and energy efficiency. WebMar 10, 2024 · If it had $15,000 in labor costs related to production, excluding general administrative costs, and another $10,000 in manufacturing overhead, such as taxes, insurance plans and equipment deprecation, it may have: 22,000 + $15,000 + $10,000 = $47,000 total manufacturing cost What's the difference between direct and indirect … WebMar 26, 2016 · Property taxes on the factory: $45,000. Repairs on office equipment: $1,800. Factory utilities: $39,000. Determine the total amount of product costs. Answers and explanations. Depreciation on delivery trucks and sales commissions. Period costs are expensed in the period incurred and not matched with product revenue. church house inn stokenham sunday lunch