E14-5 Classify (L02), C Gala Company with its operations are as follows. various costs into different cost categories. is a manufacturer of laptop computers. Various . 1. Property taxes on the factory building. 2. Production superintendents' salaries 3. Memory boards and chips used in assembling computers. . 4. Depreciation on the factory equipment. 5. Salaries for assembly-line quality control inspectors. .6. Sales commissions paid to sell laptop computers 7. Electrical components used in assembling computers. .8. Wages of workers assembling laptop computers. 9. Soldering materials used on factory assembly lines. .10. Salaries for the night security guards for the factory building. The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead, and (d) period costs. Instructions List the items (1) through (10) For each item, indicate the cost category to which it belongs. E14-12 Prepare cost of goods manufactured schedule and a partial income statement. LO 3), AP Cepeda Corporation has the following cost records for June 2017 Indirect factory labor 4,500Factory utilities Direct materials used 20,000 Depreciation, factory equipment 1,400 Work in process, 61/17 3,000 Direct labor Work in process, 6/30/173,800 Maintenance, factory equipment 1,800 Finished goods, 6/1/17 5,000 Indirect materials Finished goods, 6/30/17 7,500 Factory manager's salary Instructions S 400 40,000 3,000 Prepare a cost of goods manufactured schedule for June 2017 Prepare an income statement through gross profit for June 2017 assuming sales revenue is $92,100