Classify each cost as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost is a selling expense or an administrative expense.

a. Memberships for key executives in the Bass World Association.

b. Cost of electrical wiring for boats. c. Wood paneling for use in interior boat trim. d. Annual bonus paid to top executives of the company. e. Legal department costs for the year. f. Salary of shop supervisor. g. Salary of president of company. h. Fiberglass for producing the boat hull. i. Cost of normal scrap from defective hulls. j. Oil to lubricate factory equipment. k. Special advertising campaign in Bass World. l. Masks for use by sanders in smoothing boat hulls. m. Hourly wages of assembly line workers. n. Decals for boat hull, the cost of which is immaterial to the cost of the final product. o. Salary of chief financial officer. p. Power used by sanding equipment. q. Straight-line depreciation on factory equipment. r. Cost of boat for "grand prize" promotion in local bass tournament. s. Canvas top for boats. t. Commissions to sales representatives, based upon the number of boats sold. u. Yearly cost of the maintenance contract for robotic equipment. v. Steering wheels. w. Cost of metal hardware for boats, such as ornaments and tie-down grasps. x. Boat chairs. y. Annual fee to pro-fisherman Bill Tennessee to promote the boats. z. Cost of paving the headquarters employee parking lot.