Westco, Inc., has the following costs and expenses. Complete the schedule provided. Indicate the classification of each item listed. The first one is done for you.

Transcribed Image Text:

a. Factory depreciation b. Packaging materials c. President's salary d. Sales commissions e. Machine lubricants f. Magazine subscriptions, factory break room g. Insurance on finished goods h. Workers' wages in assembly department i. Salary of payroll clerk j. Grounds upkeep k. Shop rags 1. Training program, factory workers m. Ink used in textbook production n. Health insurance, factory workers o. Glue used in production of wooden chairs p. Life insurance on executives q. Raw steel, toolbox production r. Gas for salesperson's car s. Sales travel expenses t. Disposal of machine coolants Product Cost Period Expense Direct Indirect X