Cost Classification Valentina Company incurred the following costs last year: 1. Classify each of the costs using the table provided. Be sure to total the amounts in each column. If an amount box does not require an entry, leave it blank. Direct materials is shown as an example. Check My Work Classify the costs as: (1) Product cost - (a) Direct Material (b) Direct Labor and (c) Manufacturing Overhead. (2) Period cost - (a) Selling Expense and (b) Administrative Expense. 2. What was the total product cost for last year? The total product cost is $ 3. What was the total period cost for last year? The total period cost is $ 4. If 30,000 units were produced last year, what was the unit product cost? Round your answer to two decimal places. The unit product cost is $