3 Part A: Product vs. Period Costs (7 marks) Presented below is a list of costs and expenses incurred by Bates Corporation, a manufacturer of recreational vehicles. Determine what type of cost each cost item is: direct materials, direct labor, manufacturing overhead, selling cost, or an administrative cost. 4 Cost Item 5 Welder's wages 9 Tissue paper for the factory workers' washrooms 7 Sandpaper used in production 00 8 Rubber used in manufacturing 9 Property taxes on the office 10 President's salary 11 Janitorial staff for the retail store 12 Insurance on factory equipment 13 Factory supervisors salaries 14 Electricity used for factory machinery 15 Depreciation on factory machines 16 Depreciation on factory building & equipment 17 Carpeting for the recreational vehicles 18 Advertising 19 Cost Classification