Directions: Mead Paper Co. manufactures three ring binders for students and businesses. For each cost listed below, place an "X" in all of the appropriate categories. If the item is a product cost, then also classify it as direct materials, direct labor, or manufacturing overhead

Period Direct Product Cost Direct Labor Manuf. Overhead Material Examples: Cost of CEO's salary. X Glue used to connect the three ring holder to the pressed board cover. 1. Depreciation on the factory equipment 2. Water and sewage cost for the factory 3. Shipping cost to wholesaler 4. Cost of metal use to form the three ring holder 5. 6. Rent on the executive office building Pressed board and plastic used to form the outside cover of the 3-ring binders 7. Factory security guard's salary 8. Research and development engineers' salary 9. Assembly workers' hourly wages and benefits 10. Advertising campaign cost 11. CEO salary and bonus 12. Factory equipment maintenance cost