2-33 Inventoriable versus period costs. The following items appear as cost of a manufacturing company: A. Depreciation on plant and equipment B. Depreciation on delivery vans C. Insurance on plant and building D. Marketing manager's salary E. Raw materials E Manufacturing overheads G. Electricity bill for the residential quarters H. Production staff wages 1. Identify the following as either an inventoriable product cost or a period cost. 2. Using the following information, compute the cost of goods manufactured: 3. Direct materials 24,000 4. Direct labor 9,000 5. Manufacturing overheads 17,000 6. Beginning work in process inventory 12,000 7. Ending work in process inventory 5,000