1) Which of the following is a product cost? A) Sales commissions B) CEO's salary C) Delivery van depreciation D) Depreciation on production equipment 2) The following information relates to Webster Inc.: Advertising Costs S10.270 Administrative Salaries 24,700 Delivery Vehicle Depreciation 1,027 Factory Repair and Maintenance 910 Indirect Labor 11,700 Indirect Materials 9,360 Manufacturing Equipment Depreciation 2,080 office Rent 61.100 President's Salary 40 3061 Sales Revenue 1450.000 Sales Salary 4.500 How much were Webster's period costs? A) $141,897 B) $474,050 C) $615,947 D) $61,503 3) Reed Production has provided the following information for the year 2015: Direct Labor $153,000 Beginning Work-in-Process Inventory 2.50 Direct Materials Used 271.000 Ending Work-in-Process Inventory 53.850 Manufacturing Overhead 135.300 During the year, Reed produced 71,020 units of product. Calculate the unit product cost. A) $8.00 B) $10.00 C) $9.52 D) $7.88