Absorption costing categorizes product costs as Cost of Goods Sold and all other costs as period expenses. Under absorption costing indicate which costs you would expect to be included in COGS and which as a period expense. Cost of Goods Sold: Variable and Fixed Product Costs Yes NO Property tax, factory Boxes used for packaging product produced by Haas Salesman's commissions Supervisor's salary, factory Advertising costs Lubricants for production equipment Insurance, finished goods warehouse Electricity, administrative building Depreciation of production equipment Wages of workers assembling the product Salary paid to president of Haas Company Insurance, administrative building Electricity, factory Depreciation of administrative equipment Wages of workers in the administrative department Selling & Administrative Expenses: Variable and Fixed S&A Property tax, factory Wages for the janitor in the factory Salesman commissions Advertising Costs Shipping costs for products sold Lubricants for production equipment Electricity, factory Property tax, administrative building Salesman's commissions Supervisor's salary, factory Shipping costs for products sold Insurance, finished goods warehouse Use CONNECT HW1.2 Q10: The rest of this project utilizes information from your CONNECT omework. Refer to Question 10 from HW1.2 for Haas Company as a resource. Within CONNECT, Tick "SHOW CORRECT ANSWERS to insure you are using only correct information. Remember each our CONNECT question IS