Classify each of Georgia- Pacific s costs as either inventoriable product costs or period costs. Georgia- Pacific is a manufacturer of paper, lumber, and building material products. a. Cost of TV ads promoting environmental awareness b. Purchase of lumber to be cut into boards c. Salaries of scientists studying ways to speed forest growth d. Cost of new software to track inventory during production e. Salaries of Georgia- Pacific s top executives f. Cost of chemical applied to lumber to inhibit mold from developing g. Life insurance for the CEO h. Cost of electricity at one of Georgia- Pacific s paper mills i. Depreciation on the gypsum board plant
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