Classify each cost as being either variable or fixed with respect to the number of units produced and sold. Also classify each cost as either a period or a product cost. Cost Item Predicting Cost Behavior Preparing Financial Statements Period cost Product cost 1. Hamburger buns in a Wendy's restaurant. 2. Advertising by a dental office. 3. Apples processed and canned by Del Monte. 4. Shipping canned apples from a Del Monte plant to customers. 5. Insurance on a Bausch & Lomb factory producing contact lenses. 6. Insurance on IBM's corporate headquarters. Salary of a supervisor overseeing production of printers at Hewlett- Packard. 8. Commissions paid to automobile salespersons. Depreciation of factory lunchroom facilities at a General Electric plant. 10. Steering wheels installed in BMWs