5 Part 1 of 4 11.11 points Skipped eBook Print References Required information [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Advertising expense Depreciation expense-Office equipment. Depreciation expense-Selling equipment Depreciation expense-Factory equipment Raw materials purchases (all direct materials) Maintenance expense-Factory equipment Factory utilities Direct labor Indirect labor Office salaries expense Rent expense-Office space Rent expense-Selling space Rent expense-Factory building Sales salaries exp nse Costs Required: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labortor factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense Note: Leave no cell blank. Enter "NA - Not a product cost" or "NA - Not a period cost" for expenses that are not product cost or period cost. 1. Advertising expense 2. Depreciation expense-Office equipment 3. Depreciation expense-Selling equipment 4. Depreciation expense-Factory equipment 5. Raw materials purchases (all direct materials) 6. Maintenance expense-Factory equipment $ 28,750 7,250 8,600 49,325 925,000 7. Factory utilities 8. Direct labor 9. Indirect labor 10. Office salaries expense 11. Rent expense Office space 12. Rent expense-Selling space 13. Rent expense-Factory building 14. Sales salaries expense 35,400 33,000 675,480 159,475 63,000 22,000 26, 100 76,800 92,560 Type of Product Cost Type of Period Cost Check m

Required information [The following information applies to the questions displayed bellow] The following year-end information is taken from the December 31 adjusted trial balance and oher records of Leone Company. Required: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labohor factory overhead. If a period cost, classity it as a seting expense or a general and administrative expense Note: Leave no cell blank. Enter "NA - Not a product cost" or "WA - Not a period cost" for expenses that are not product cost or period cost