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Armstrong Helmet

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Armstrong Helmet
Armstrong Helmet Company
Group Assignment

1. Product costs or period costs classification report

|Item |Product Costs |Period |
| | |Costs |
| |Direct |Direct |Manufacturing | |
| |Materials |Labour |Overheads | |
|Administrative salaries | | | |15,500 |
|Advertising for helmet | | | |11,000 |
|Depreciation on factory building | | |1,500 | |
|Depreciation on office equipment | | | |800 |
|Insurance on factory building | | |1,500 | |
|Miscellaneous expenses—factory | | |1,000 | |
|Office supplies expense | | | |300 |
|Professional fees | | | |500 |
|Property taxes on factory building | | |400 | |
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