7 Part 3 of 4 11.11 points 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 expense Costs Required: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. 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 $ 28,750 7,250 8,600 49,325 925,000 35,400 33,000 675,480 4 Depreciation expense-Factory equipment 5. Raw materials purchases (all direct materials) 6. Maintenance expense-Factory equipment 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 159,475 63,000 22,000 26,100 76,800 392,560 Type of Product Cost Type of Period Cost Check my work

Required information The following information applies to the questions disployed below] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Compeny. Required: Tderefify each cost as either a product cost or a period cost. If o product cost, classify it as direct materials, direct labor, or factory overhead, If a period cost, ciassify it as a seling 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 net product cost or period cost