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26. For each classify it as a product cost or a period cost, by placing an X in the appropriate column. For each coust, also

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26. For each classify it as a product cost or a period cost, by placing an X in the appropriate column. For each coust, also indicate whether it is a direct cost or an indirect cost with respect to a unit of finished product Cost item Period Indirect Direct labor ax on the FactoryS 27. Comparative statements for Warmer Corporation are shown below: Warmer Corporation Comparative Income Statements For the years ended December 31 2016 2015 2014 2016 2015 2014 S14,800 $13,229 Sales $13.994 Cost of goods sold Gross 4,568 5,619 trend percentages for all income statement amounts shown and comment on the results. Use 2014 as the base year. Comme results

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