What product cost are associated with the may information

Reference no: EM132743387

Babineux Company incurred the following costs in May 2013

Paid a six- month (May through October) premium for insurance of company headquarters, Php18,600.
Paid Php1,000 fee for sales person to attend a seminar in Ju
Paid three months (May through July) of property taxes on its factory building, Php15,000
Paid Php10,000 bonus to the company presidents for his performance during May 2018
Accrued Php20,000 of utility cost, of which 40 percent was for the headquarters and the remainder was for the factory.

Problem a. What expired period cost are associated with the May information

Problem b. What unexpired period cost are associated with the May information?

Problem c. What product cost are associated with the May information

Problem d. Discuss why the product cost cannot be described specifically as expired or unexpired in this situation.

Reference no: EM132743387

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