3 1. Enter each cost as Product or Period or not a cost. If a product cost, classify with an X as direct materials, direct labor, or overhead. If a period cost, classify with an X as a selling expense or general and administative expense. Product Costs Period Costs -6 5 General and Admin. Not a Cost Dir. Material Direct Labor Overhead Selling 6 Advertising expense 7 Depreciation expense - Office equipment Depreciation expense - Selling equipment Depreciation expense - Factory equipment 2 Factory Supervision Factory Supplies used (indirect materials) Factory Utilities Direct labor Indirect labor Misc. Production costs - Office Salaries expense Direct materials Rent expense - Office space Rent expense - Selling space Rent expense - Factory building Maintenance expense - Factory building Sales Sales salaries expense Amount $28,750 $7.250 $8,600 $33,550 $102,600 $7,350 $33,000 $675,480 $56,875 $8,425 $63,000 $925,000 $22,000 $26,100 $76,800 $35,400 $4,462,500 $392 560