ary, the fol- E19-15 Classifying costs Introduction to Managerial Accounting 991 given below wheels, Inc. manufactures wheels for bicycles, tricycles and co . For each con below, determine if the cost is a product cost or a seriod cost. If the cost is oroduct cost, further determine if the cost is direct materials (DM), direct labor DL), or manufacturing overhead (MOI) and then determine if the product cost is prime cost,conversion cost, or both. If the disa period cost further determine if the cost is a selling expense or administrative expense (Admin). Conta) ir d ar se if the cost for bicycles, tricyde Learning Objective 2 overheir there Come Cost DM Period DL Product MOH Prime Conversion Selling Admin. a. Metal used for rims b. Sales salaries c. Rent on factory d. Wages of assembly workers e. Salary of production supervisor f. Depreciation on office equipment g. Salary of CEO h. Delivery expense CHAP