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. Preparing Financial Statements Predicting Cost Behavior Cost Item 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- 7 Packard Commissions paid to automobile salespersons. 9 8 Depreciation of factory lunchroom facilities at a General Electric plant 10 Steering wheels installed in BMWS